Government Issues

N.Y. hits Lyft with cease and desist order

Posted on July 11, 2014

Brooklyn Bridge courtesy NYC & Co. - Julienne Schaer
Brooklyn Bridge courtesy NYC & Co. - Julienne Schaer
NEW YORK CITY — Ride-sharing startup Lyft was sent a cease-and-desist letter by New York's Department of Financial Services, according to a letter obtained by Crain’s New York Business.

On Friday 7 p.m., Lyft plans to launch its fleet of 500 vehicles in Brooklyn and Queens.

RELATED: Will Uber service customers with disabilities?

State officials accused the company of acting in bad faith by concealing plans to operate in the city and say Lyft has violated several insurance laws, including illegally acting as an insurance provider and soliciting New York drivers, the Epoch Times reported.

For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

FTA issues transit asset management final rule

Lays out a strategic approach to maintain and improve capital assets, based on careful planning and improved decision-making, such as reviewing inventories and setting performance targets and budgets to achieve state of good repair goals.

APTA opposes GOP plan to cut mass transit funding

The Republican platform, which stated that public transportation is "an inherently local affair that serves only a small portion of the population," also opposes increasing the federal gas tax.

Columbus plans to 'leap-frog' light rail after Smart City win

Driverless cars are the marquee emblem of the city’s plans, but it will use and test other potential improvements to its bus fleet and on commercial vehicles.

Law would allow transit benefits to apply to Uber, Lyft

The measure would only allow the subsidy to apply to alternative options while Metro undergoes its massive maintenance plan, known as SafeTrack, which began last month and is scheduled to end in March.

Secretive Alphabet unit aims to fix U.S. public transit

Sidewalk Labs, a secretive subsidiary of Alphabet (Google's parent co.), is initially offering its cloud software, called Flow, to Columbus, Ohio, the winner of a recent $50 million Smart City Challenge.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close