Uber is investing USD1 billion in China in 2015, to operate in 50 cities.īut Uber is not the only one. Uber was launched in 2009 and claims to be the first, eventually active in 58 countries and 300 cities worldwide by Jun-2015. The best known TNC is Uber (incorporating UberX, UberPOP, UberBlack, UberExec, UberSUV and other Uber brands). Typically, all they own is the technology behind the app and an administrative building to work out of, not the vehicles, and they don’t usually have drivers who are legally employees. The TNCs merely provide an online ‘marketplace’ via a computing platform, and it could be argued that they are the ‘virtual airlines’ of their business. In fact they are more likely to add to it. Unlike with ride (or car) – sharing, there is no planned-for reduction in vehicle trips, congestion or emissions. Arising out of California, where the local Public Utilities Commission (PUC) was the first to define TNCs in 2013, their operations are referred to these days as ‘ride-sourcing’, rather than ‘ride-sharing,’ which was the first label applied to them. ![]() Transportation Network Companies, or TNCs, are a very rapidly growing invention of this decade, and one that was inevitable the marriage of modern information technologies with not-so-modern surface transport business models such as taxis and minicabs.
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