Prices are rising for many Americans, with 65% of consumers saying the increases are outpacing their income, according to a J.D. Power survey of 4,000 U.S. adults conducted in February 2026.
Recent inflation data adds to that pressure, with the annual rate rising from 2.4% in February to 3.3% in March, according to consumer price index data released Friday. The increase was driven largely by a surge in energy costs as gasoline prices spiked amid the Iran war. Gasoline prices rose 21.2% in March, accounting for nearly three-quarters of the overall increase, according to the Bureau of Labor Statistics.
Why are they cutting back on rideshares?
I would have expected the opposite, more riding together and reducing single person only rides.
Instead of Uber, they are taking the bus.
OK, ridesharing doesn’t mean sharing rides but calling privately owned quasi-taxis.
Then it makes sense!
Thanks for the explanation!
Yes. In English (at least in the US), a bunch of friends (or coworkers, or whatever) taking one vehicle is called carpooling.
Yeah “rideshare” a bit of a vestigal term leftover from the early days of Uber/Lyft, when the original idea was that it was a service for someone to hitch a ride along a route the driver was already taking. Basically app-driven hitchhiking. But instead they turned into the taxi service we all know these apps for nowadays, yet the term stuck around.
The OG rideshare
Only if you live in the city
pity that!
rideshares are expensive.
l know.
It’s more that the term ridesharing apparently changed its meaning from actually sharing rides and then splitting costs (the meaning I knew) to a synonym for privately owned taxis booked over a central platform.
I assume it means cutting back on rideshare as a mode of transport. Not sharing the ride with another passenger, but the concept of rideshare as a way for people to share their private car, as a work vehicle.
It means uber and lyft
So rideshare means not sharing rides, but using your car to do stuff for your employer?
But wouldn’t he at least reimburse you for the costs?
I believe these companies (Uber, Lyft, etc.) coined the term ‘rideshare’ primarily to skirt the taxi laws.
You see, they aren’t technically running an unlicensed taxi business - no, no, no. When you use their app to say ‘hey, I wish to go to the icecream shop on third’, it lets all the other people with the app (and a car) know. If any of them happen to also be going to the icecream shop on third, they can let you know and the two of you can connect to share a ride there - isn’t that nice!
These are in no way unlicensed taxis… That would be highly illegal and totally unfair to other taxi businesses that have to spend ungodly amounts of money to license their vehicles. It’s just you and a stranger sharing a ride to go get some icecream…
Yes, it very much is the perversion of earlier coordinated communities that probably defined (and still earned) the name.
Here in Germany still exist “Mitfahrzentralen” which roughly translates to ride-share-centres, which allow people to offer ride-along places for specific private rides (e.g. driving from Munich to Berlin on Friday afternoon), for a share of the costs for the ride.
See also: AirBnB as unlicensed hotels
Yes, if your employer is uber. You’re not an employee. You’re sharing your asset. Like Airbnb is sharing your home.
Thanks, already learned from another commenter that ridesharing is apparently the term for the business model like Uber.
Confusing term.
I think the thing l was thinking of is actually named ''car pooling".