New York’s taxi industry has been battered by an exodus of drivers amid rising rents, higher costs and the growing risk of crime.
But taxi drivers who remain in the industry are keeping their seats warm, thanks to a new ride-sharing service that is taking the industry by storm.
Uber, a ride-hailing company that has already started operating in New York, said its first ride-share service, called UberX, is available in all but one borough.
UberX has already made waves around the world, and now it is gaining ground in the United States, where taxi drivers are struggling to keep up with rising prices and increasing crime.
Uber has been gaining traction in the past year, with New York City officials saying the company has helped improve traffic, congestion and safety.
The ride-in service, UberX is the first service to offer the option of paying with cash, a service that was available in some of New York State’s major cities before UberX arrived.
“New York taxis are the taxi industry’s last hope,” said New York Mayor Bill de Blasio.
“We can’t afford to lose our taxi drivers.
We need to have them on our roads.”
UberX says it has more than 10,000 drivers in the city, and about 5,000 of those are employed full-time.
Uber is using technology to make the service even cheaper, offering drivers a $10 credit when they use UberX for an entire day, as opposed to the usual $15 charge.
Uber also has been rolling out other ridesharing services that have more limited coverage, including UberPool, a program that lets riders hail up to six rides for as little as $3.50.
Drivers also can use Uber for the first half of the trip to take advantage of the ride-shares credit and ride-for-hire credit, but that is subject to a $50-per-day fee.
Uber says it plans to expand the ride sharing program over the next few months.
UberPool has been available in New England for about a year, but New York is the only place where UberPool is available to riders.
The service allows riders to hail up a single UberX or UberPool vehicle and then use that vehicle for an unlimited number of trips for $5 per trip.
Uber and Lyft have rolled out similar rideshares in other cities.
Uber claims that it is able to do this because of the company’s global network and low cost of capital.
The New York cab industry has struggled for years with the rise of the so-called taxi cartel, in which drivers who are willing to take a lower-cost route to get to work often do so at higher rates.
But UberX may be a first step toward breaking the cartel.
Taxi and limousine companies are worried that drivers are using Uber to take cheaper routes because they have less money to pay for the rides.
The companies have been lobbying New York state lawmakers to protect the industry from competition.
Uber spokeswoman Liz Boaz said the ride service has not offered the same level of service to New York drivers as it does in other major cities.
“The number of drivers who choose to use Uber is growing,” she said.
Uber said the new service will allow it to “continue to provide a fair, equitable and accessible service for New York and the city of New Yorkers.”
The service is available from the app and on-demand for $1.
Uber hopes to have UberX in more than 30 cities by the end of the year.
New York city has one of the highest concentrations of taxi drivers in America.
New Yorkers who are not employed by taxi companies or the city government, and who do not own their own cars, are allowed to hail taxis in the City and the suburbs.
Drivers are allowed, for instance, to use their personal vehicles to pick up passengers.
Taxi companies are also worried about the safety of the drivers who make the city’s roads, which can be dangerous, especially during rush hours.
New safety measures were put in place after a spate of fatal crashes in 2014, and drivers who ride in the company cars are required to wear seat belts and wear face shields.
But the industry is struggling to compete with Uber, which is growing rapidly and has been able to provide drivers with rides for free for months.
A new study released by the New York Public Library found that Uber drivers in New Jersey and Connecticut made an average of $4,300 in fares a year before Uber became available to them, according to a report by the library’s library services department.
Drivers in New Hampshire and Massachusetts earned an average $3,000 per year.
The report found that driver-owned cab companies have a higher percentage of employees and are less likely to be sued, which makes it harder for them to survive in the taxi market.
Uber declined to comment on the study.
Uber drivers say the company is making it difficult