Regulations

Leaders Get Good Vibes On Limo Business Outlook

Posted on February 7, 2014 by Tom Halligan - Also by this author

Page 1 of 2

Optimism abounds for the industry as we head into 2014, according to a quick — and very unscientific —  poll of National Limousine Association state and regional executives. Of course, there are plenty of issues the industry will continue to confront, such as competitive private transportation rideshare apps, and the never-ending battle against burdensome taxes, fees and regulations. But cheer up; the word on the street is that 2014 will be a better year for business.

“I believe the state of the industry has turned to a positive outlook. Business is increasing and companies are expanding their fleets. Business travel is up over the last two years and the retail market is still about the same as last year. Challenges include higher insurance rates in Florida and operating costs while trying not to increase rates [in] the current market. But 2014 looks better than last year.” Dave Shaw, operations manager, Olympus Limo; President, West Florida Livery Association; Secretary, Florida Limousine Association; NLA board director

“Prospects for the Minority Limousine Operators (MLOA) of America in 2014 look bright. Our economy continues to improve slowly but surely each and every month. That improvement will allow small minority businesses to grow and open the door for potential new MLOA members. We’re looking forward to a strong 2014! Maurice Brewster, President and CEO, Mosaic Global Transportation; Founder and Chairman, Minority Limousine Operators of America.

“From an overall business standpoint, 2014 looks encouraging for our limousine and bus companies in Kentucky. While overall revenue for individual companies has never completely recovered from 2008 through 2010 decreases, our member companies have adjusted their businesses in such a manner that they are once again profitable. We will continue to wage our battles against a sales tax this year. Although Uber is not present in Kentucky, we have some deregulatory issues that have arisen as a result of their presence in other areas. Carey Fieldhouse, owner, R&R Limousine; President, Kentucky Limousine Association

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

More News

Classifying Uber's Business Model: A Complicated Affair

Governments have every right to regulate a digital platform that arranges rides and provides work for its citizens.

Industry Leaders Adjust Political Agenda For Trump Era

The NLA is sizing up a post-Nov. 8 legislative and regulatory scene that could yield breakthroughs as well as new unknowns.

Mass. TNC Drivers Face Background Checks Sooner

The state will conduct Criminal Offender Record Information and Sex Offender Registry Information background checks and consult motor vehicles records.

What Will Trump's Transportation Pick Mean For TNCs?

Department of Transportation Secretary nominee Elaine Chao has shown friendliness to the gig economy.

Airports Add Surcharges for Limos, Taxis, And TNCs

Officials at most airports were reluctant to explain why they charged the fees except that doing so helps keep airport costs down.

See More News

Facebook Comments ()

Comments (0)

Post a Comment

Submit

Blogs

See More

See More

See More

See More

LCT Store

LCT Magazine - December 2016 $12.95 GLOBAL/INTERNATIONAL ISSUE COVER STORY: * The Coolest Operators on the Planet * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

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

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

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

Please sign in or register to .    Close