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Coleman has been keeping a close watch on how the pandemic is affecting his industry and the changes consumers are experiencing.
He said the dilemma for the rideshare industry right now is a shortage of drivers. Across the country, nearly every industry is facing some form of labor shortage, which is in turn, is causing prices to increase.
“In 2020, we were seeing our revenues disappear overnight as people stayed at home and were looking to stay safe through the pandemic. But that demand has returned at almost the same rate as it had disappeared,” said Coleman.
Looking back, many drivers across the rideshare industry did drop off during the pandemic. Passengers dried up during lockdowns. Many drivers left for safety concerns, childcare, or for other jobs that had less contact with other people.
Coleman has been keeping a close watch on how the pandemic is affecting his industry and the changes consumers are experiencing.
He said the dilemma for the rideshare industry right now is a shortage of drivers. Across the country, nearly every industry is facing some form of labor shortage, which is in turn, is causing prices to increase.
“In 2020, we were seeing our revenues disappear overnight as people stayed at home and were looking to stay safe through the pandemic. But that demand has returned at almost the same rate as it had disappeared,” said Coleman.
Looking back, many drivers across the rideshare industry did drop off during the pandemic. Passengers dried up during lockdowns. Many drivers left for safety concerns, childcare, or for other jobs that had less contact with other people.
politics 1 hour ago The supply position is something we re still working on. It s definitely getting better but we re not happy with the ETAs and price levels we see and that is something we re going to invest to improve on, he added.
With Americans getting vaccinated and governments easing pandemic restrictions, people are ready to travel and leave their homes again, turning to rideshare companies. However, Uber and Lyft are still dealing with a slow return of drivers. If the companies can t bring in enough drivers to meet demand, they could face annoyed customers who are having to shell out more cash and wait longer.