Transportation network company | Wikipedia audio article
Channel: wikipedia tts
Date: 03/01/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Transportation_network_company


00:01:33 1 Definition and terminology
00:02:10 1.1 "Ridesharing"
00:02:54 2 Criticism
00:03:03 2.1 Increased traffic congestion
00:03:29 2.2 Reduced usage of public transportation
00:03:45 2.3 Lack of wheelchair accessible vans
00:04:13 2.4 Effect on values of New York City taxi medallions
00:04:55 2.5 Drivers using their phones while driving



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SUMMARY
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A transportation network company (TNC), sometimes known as a mobility service provider (MSP) or ride-hailing service, is an organization that matches passengers with drivers via websites and mobile apps. TNCs are examples of the sharing economy and shared mobility.
TNCs have been noted for providing service in less populated or poorer areas that are not regularly served by taxicabs, and charging lower rates than taxicabs, since taxicab rates are often set by local jurisdictions.Some reports say TNCs reduce traffic congestion; since their cars "can't accept street hails, they do much less unnecessary driving-around than either government-licensed/regulated taxi cabs (who are cruising for hails) or individuals (who are looking for a parking spot)." A March 2016 study by Judd Cramer and Alan B. Krueger of the National Bureau of Economic Research showed that a ride via a TNC uses capacity more efficiently than traditional taxicabs as TNC drivers are more likely to have a passenger than a taxicab.TNCs say they provide "flexible and independent jobs" for drivers.Studies are inconclusive on whether TNCs reduce drunk driving rates in cities where they operate, with some studies showing that it depends on the city.TNCs have been banned in a few jurisdictions as courts have ruled that they are illegal taxicab operations. In others, they are regulated. Regulations can include requirements for driver background checks, fares, the number of drivers, licensing, minimum wage, and insurance.