Lyft and Kansas City may reunite thanks to new ride-sharing law
April 27, 2017 | Bobby Burch
Missouri Gov. Eric Greitens on Monday signed legislation that could bring the ride-sharing company Lyft back to the Kansas City market.
Passed with strong support from Missouri lawmakers, Gov. Greitens’ signature sets forth regulations for ride-sharing companies such as Uber and Lyft, including licensing fees, background checks and inspections.
Lyft halted its Kansas City operations in October of 2014 after the city established for-hire transportation regulations it deemed as too burdensome. In 2015 the company said it wouldn’t return to Kansas City, while Uber agreed to work within the new regulatory framework. Uber and Lyft issued statements saying the new law — which also exempts ride-sharing companies from local and municipal taxes — will allow them to expand throughout Missouri.
The law should help create a more competitive environment for ride-sharing firms in Kansas City, Mo. and create more jobs around the state. Lyft is now in operation in Kansas City, Kan. and Johnson County.
The Kansas City Star reports that the new law will spur most area taxis to operate like Uber and Lyft vehicles. Bill George — the CEO of Kansas City Transportation Group, which operates hundreds of taxis in the area — said that cabs operating under Yellow Cab and 10/10 Taxi will be shifted to zTrip, a “transportation network company” or TNC. TNCs fall under the same state licensing rules as Uber and Lyft.
2017 Startups to Watch
stats here
Related Posts on Startland News
C2FO primes for global expansion with C-suite adds; new CFO joins from post-IPO SelectQuote
Editor’s note: C2FO is a financial partner of Startland News. Two new C-suite appointments to C2FO’s leadership team come as the Kansas City-based startup swells to record funding activity and projects new phases for its global expansion and growth. Ragui Selwanes, a veteran tech executive, joins C2FO as chief product and technology officer, a newly…
Black & Veatch investing $50K in CAPS network, hoping to unite corporate champions amid lagging labor market
One of the earliest supporters of the Center for the Advanced Professional Studies (CAPS) is stepping up again to set the tone for foundational corporate backing as the Johnson County-spun experiential learning effort scales across North America. CAPS announced Monday a $50,000 investment from Black & Veatch to further long-term employment solutions for the engineering…
‘Cyderes’ emerges from Fishtech, Herjavec merger; new cybersecurity powerhouse aims to reshape market
Editor’s note: Cyderes is a financial partner of Startland News, supporting Community Builders to Watch and Startland News Live. Security stakes are at an all-time high, said Robert Herjavec, star of ABC’s “Shark Tank” and CEO of the newly announced Cyderes — a rebranded cybersecurity leader with its sights set no lower than becoming the new…
Business is a bear: Why Soap Bar closed its storefront to keep inventory flowing to Made in KC, refreshed retail spot
The shelving of Soap Bar in Westport wasn’t the end of a chapter — just a focused business shift, said Matt Bramlette, the Midtown maker behind Toilet Bombs and a variety of self-care products. “We took the look and feel of Soap Bar and merged it with Mid Coast Modern. It was a total refresh,”…