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Understanding Uber's Rise In The Transportation Industry (With Video)
Thursday, November 5, 2020 - 3:40pm | 370"The ride-sharing business has been decimated," says Mike Isaac, New York Times technology reporter and best-selling author of "Super Pumped: The Battle for Uber." Isaac joined FreightWaves founder and CEO Craig Fuller for a special Fuller Speed Ahead episode Thursday on the opening day of the...
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Prop 22 Wins In California; Takes Uber, Lyft And Other Drivers Out From Under AB5
Wednesday, November 4, 2020 - 8:53am | 785Proposition 22, designed to push back against AB5 in California for app-based drivers like those at Uber Technologies, Inc. (NYSE: UBER) or Lyft, Inc. (NASDAQ: LYFT), passed comfortably in Tuesday's election. The vote was not close; prop 22 passed with about 58% of the vote. AB5 is the...
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Is The Gig Economy Over For These Stocks?
Thursday, October 29, 2020 - 7:03am | 1080In many respects, 2020 and the array of unprecedented circumstances that have colored it have blown the doors open for gig-economy businesses. On-demand transportation, personal shoppers, food and grocery delivery and an array of other companies that cater to personal consumer needs through a...
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Uber, Lyft Must Classify Drivers As Employees, California Appeals Court Rules
Friday, October 23, 2020 - 2:10am | 597In a setback for ride-hailing companies Uber Technologies Inc (NASDAQ: UBER) and LYFT Inc (NASDAQ: LYFT), a California appeals court ruled on Thursday that the companies must comply with August's injunction order requiring them to reclassify the drivers as their employees,...
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Uber/Postmates Driver Loses Court Challenge To California's AB5 Law
Monday, September 21, 2020 - 11:03am | 1057Although AB5 remains a nonfactor — for now — in the California trucking industry, the body of legal cases on its implementation continues to grow. And so far, its backers appear to be winning. The latest decision favoring the backers of AB5 came down last week, when a federal district court judge...
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Uber Says Food Delivery Business To Continue In California, Unaffected By Court Ruling
Tuesday, August 18, 2020 - 1:44am | 350Ride-hailing company Uber Technologies Inc (NYSE: UBER) will continue its food delivery service Uber Eats in California even if it's forced to shut down its primary business, according to a Reuters report Monday. What happened: An Uber spokesman confirmed that the Uber Eats business...
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California Trucking Remains Exempt From AB5 For Now
Wednesday, August 12, 2020 - 1:50pm | 1113https://s29755.pcdn.co/wp-content/uploads/2020/08/UBER_Lyft_1-600x338.jp The success of the California Trucking Association's ongoing action means that the law continues to be unenforceable in the Golden State Uber and Lyft are now facing a requirement to reclassify their drivers as employees...
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CTA Makes Case For Keeping Injunction Against AB5 In California
Tuesday, May 12, 2020 - 11:17am | 947The imposition of AB5 against truck drivers in California has been blocked by court action since the start of this year when it was to go into effect, and the California Trucking Association has spelled out its case to an appeals court on why that should continue. The CTA, in a recent filing with...
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Coronavirus Weaponizes Debate Over California's AB5
Wednesday, April 1, 2020 - 12:22pm | 2214A new front has opened up in the battle over AB5, a California law limiting the use of independent contractors, as opponents and supporters use the coronavirus pandemic and the economic devastation it has unleashed to bolster their positions on how the controversial labor law applies to the...
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Commentary: Is Classifying Truck Drivers As Easy As ABC?
Wednesday, March 4, 2020 - 9:16am | 1970Just when the motor carrier sector thought that deregulation was the established practice at the federal and state levels, along comes a new labor law which harkens back to a bygone era. Even after 40 years of deregulation at the federal level, and over 25 years at the state level, re-regulation is...
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"Drilling Deep": Sticking A Stake Into The Heart Of California's AB5 … So Far
Thursday, February 27, 2020 - 2:49pm | 181AB5 in California created the potential for chaos among independent owner-operators earlier this year when the law took effect. But attorney Bob Roginson led the fight against it on behalf of the California Trucking Association, and so far, he and the CTA have won. AB5 may be wreaking havoc on a...
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Bipartisan Support To Address The Truck Parking Issue? – WTT?!?
Monday, February 10, 2020 - 10:06am | 701It's snowing in Chattanooga, but none of it's sticking. You know what else isn't sticking? How about the bill on Thursday that effectively would nationalize the provisions within California's AB5 law, which severely constricts the ability of companies to hire independent contractors? It made it...
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Despite AB5 Pause, California Team Drivers Continue "Truck-Friendly" Relocation Search
Monday, February 10, 2020 - 9:14am | 807California natives Jeff and Elyse Fink are still planning to relocate, but say a federal judge's pause on the new sweeping labor law, AB5, that was set to take effect in January, has given them a little more time to plan their exit strategy. "We are continuing with our plans to sell and relocate...
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Could AB5 Going Nationwide Spell Doom For Trucking?
Friday, February 7, 2020 - 4:47pm | 242On today's episode, Dooner and Chad are talking about AB5 possibly going nationwide, truckers fighting cap and trade, and a bill to fund truck parking hitting Congress. On another Mad Gaines, transportation attorney Cassandra Gaines rants about noncompetes. CNBC Business News' Lori Ann LaRocco...
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House Democrats Approve "Federal AB5" Legislation
Friday, February 7, 2020 - 9:27am | 636The U.S. House of Representatives passed a bill on Thursday that effectively nationalizes the provisions within California's AB5 law which severely constricts the ability of companies to hire independent contractors. The "Protecting the Right to Organize (PRO) Act," introduced in Congress last...