Executives from Lyft and Arity reveal their predictions

The impact the coronavirus on America's ingrained car culture was immediate and profound.

For Lyft, it meant a dramatic dip in requests for rides as people sheltered in place. And because others weren't driving to work like usual, fewer accidents meant plenty of savings for insurance companies.

Gary Hallgren, who runs Arity, Allstate's transportation analytics arm, saw it in the data.

"Driving really just fell off a cliff in the middle of March as you would expect," he said on a Business Insider webinar with Angie Westbrock, Lyft's vice president of operations, on Thursday. For Lyft, it meant not only less revenue, but also a lack of work for the drivers on its app. That's why the company began to flirt with delivery options for its workers to bring essential supplies and food to communities in need.


Continue reading... https://www.businessinsider.com/lyft-allstate-arity-executives-share-visions-of-post-pandemic-normal-2020-5


It appears they were thinking the same thing Uber was with looking into food delivery options. In the moment, it seems like a smart move but this virus won't be around forever.

Facebook Twitter LinkedIn Telegram Whatsapp Pocket
May 16, 2020 12:00 AM

Member

It is no surprise there was not a need or desire for drivers as places were closed and people were told not to go anywhere other than to the store, hospital, or park (in some states anyways).

May 21, 2020 11:45 PM

I keep hearing about the virus not being as bad as they thought and that it is likely to pick back up with spreading once everything goes back to normal so there really is no telling when it will die off. I mean, to me, it would be best to just get every healthy adult exposed to it so they can recover and not spread it to older folks and those susceptible. The way it was handled was stupid imo.

May 23, 2020 9:28 PM