29th March 2024
Melnik Lyudmila stop driving for Uber and Lyft in New York Metropolis, saying the hours she spent behind the wheel weren’t well worth the payout. Photograph: Andrew Seng for The Wall Avenue Journal

Hovering fuel costs are squeezing transportation companies and setting off debates about who will foot the invoice.

FedEx Corp., Uber Applied sciences Inc. and Lyft Inc. imposed new or larger gasoline surcharges on clients after Russia’s invasion of Ukraine shocked power markets. However native contractors who personal the FedEx Floor supply vans and a few U.S. drivers of the ride-share companies are pleading with the businesses for much more monetary assist.

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