Lyft revealed that it is growing quickly ahead of its initial public offering but continues to bleed money and may struggle to turn a profit, according to a federal filing. The company released its financial details for the first time on Friday, giving the public a glimpse into its performance before deciding whether to buy into the ride-hailing phenomenon.
New license plate vote is over, but 'PlateGate' controversy continues
newsnews statetransportationcommunitiespolitics governmenttype-text
The newest New York license plate, selected by state residents, was announced early this month — but the controversy kicked up by the state’s plan to require drivers to replace their old license plates remains.
Want to read more?
Other notes like this one
Assembly Transportation Committee to consider speed limits, DOT capital planning
When the Assembly Transportation Committee meets this week, members will consider speed limits, road construction signs, antique cars, firefighters, idling vehicles and the state Department of Transportation's opaque financial planning.
New Yorkers can now vote for new state license plate design
The governor has launched a statewide survey to select the design for the newest state license plate, which will replace all plates more than ten years old during the next two years.
MTA reorganization timetable shortens as groups advocate for more transparency
A law signed at the end of the 2019 legislative session by Gov. Andrew Cuomo includes a requirement that the Metropolitan Transportation Authority Board approve a reorganization plan for New York City’s subway systems by the end of this month, while advocacy groups argue that there needs to be more transparency to the process.
ICE will not be able to use new law to ID undocumented immigrants, say lawmakers
After reports that Immigration and Customs Enforcement agents have asked at least three states to run facial recognition searches on their driver’s license databases, concerns have been raised that a new law allowing undocumented immigrants to receive licenses in New York will put them in danger of deportation by federal officers.
Report: Ten percent of NY bridges are in poor/structurally deficient condition
Ten percent of bridges in New York state are rated in poor or structurally deficient condition, according to a new report.
Controversial and rushed reorganization plan approved by MTA board amid concerns
The Metropolitan Transit Authority board approved a controversial and hastily wrought reorganization plan on Wednesday that could cut as many as 2,700 jobs and save MTA as much as $530 million annually over the next three years — but the speed with which it was developed, limited public input, the fact that it’s not exactly complete and fears that planned consolidation will wrest control from popular NYC Transit President Andy Byford and other MTA division heads has many concerned.
NY moves toward requiring backseat seat belts for all adults
New York is poised to become the 20th state to require backseat passengers of all ages wear to seat belts or risk incurring a fine.
NY county clerks question implementation of licenses for undocumented immigrants
The New York State Association of County Clerks has a litany of “questions and concerns” for the state Department of Motor Vehicles regarding the implementation of a controversial new law allowing undocumented immigrants to obtain state driver licenses.
Gov directs MTA to complete forensic audit and integrity review in coming months
Gov. Andrew Cuomo issued a letter to MTA Chair and CEO Pat Foye today, calling for the ”timely completion” of an MTA forensic audit, a type of audit generally used to uncover illegal financial activities. In the letter, the governor also called for an Inspector General review of the integrity of the MTA's procurement and inventory control systems.