New Jersey Assembly Panel Passes TNC Rules Bill

Posted on December 12, 2014

TRENTON, N.J. -- Legislation aiming to better regulate ride-sharing networks like Uber and Lyft passed an Assembly panel on Dec. 11. article here

Related Topics: Alfred LaGasse, Jeff Shanker, LANJ, legislation, Limousine Association of New Jersey, New Jersey operators, regulatory enforcement, state regulations, Taxi Limousine Paratransit & Association, taxis, TLPA, TNCs, Uber

Comments ( 1 )
  • Kevin

     | about 6 years ago

    Uber is a great platform only if it connected with existing qualified personal transporters. Limousine companies are required to have 1.5 million liability insurance, all drivers must undergo Federal and State background checks and get a qualifying letter from The Motor Vehicle Commission. Mandatory pre-employment drug screening and random drug screening are also part of the process. With the cost associated with regulation, Uber does not stand a chance to play in a field where the rules are costly. The background check is $51.00, drug screening $75.00 and insurance about $7500.00 per vehicle for a new driver. With all these conditions, Uber could not find qualified drivers unless their rates were drastically increased. An increase in rates would not make Uber as attractive.

More Stories