Lyft

The city says the deal would generate $77 million in revenue, but it would also mean Lyft would have exclusive rights to operate bike-share in Chicago.

While the system still lost money on operations, it still turned a $3.37 million profit for the city overall thanks to station ad revenue and Blue Cross Blue Shield sponsorship money.

Toronto is considering passing a fee on Uber and Lyft to fund the TTC. John appeared on Toronto public radio this morning to explain why Chicago passed such a tax.

It could help level the playing field and stop recent transit ridership bleeding.

This week, civic leaders, entrepreneurs, and academics from around the country gathered in Chicago for the “Move Together” conference, hosted by the locally based think tank the Shared-Use Mobility Center. The organization was launched one year ago to brainstorm ways that bike-share, car-share, ride-share, and other new mobility tools can become a major force for increasing transportation access, fighting congestion, and improving air quality. On Monday, SUMC announced a new goal of taking one million cars off the road in the U.S. by scaling up shared mobility and transit in 15 regions, including ours.