Dissimilarities Between Ride-Hailing and Ride-Sharing and Why It Matters?
Posted by TangoRide App on October 29th, 2019
Transportation Network Companies (TNCs), like Tangoride in UK, is often hailed as “The Future of Public Transport”- providing a customized, convenient solution that claims to take cars off the road. Many describe these as ride-sharing or ride-hailing services- using the two terms interchangeably. However, the two are different experiences.
• Ride-Hailing is when rider “hails” or hires a personal driver to take them exactly where they need to go. The transportation vehicle is not shared with any other riders, nor does it make some stops along a route.
• Ride-Sharing, by contrast, is synonymous with carpooling App in UK. It is exactly the method in which an individual shares a ride with another individual in UK. It is not a private transportation, as the space is shared, and it will make stops to pick up other riders.
Major TNCs do offer ride-sharing services, like Uber Pool and Lyft shared. This enables several passengers traveling in the same direction to ask for a ride and share the same driver to their particular destinations. On the surface, this appears to be environmentally sustainable.
The Concerns with the rise of ride-hailing:
However, the reality is that the majority of the tips provided are actually ride-hailing trips. Research shows that only 35% of TNC trips are shared nationally. Instead, they normally control as glorified taxi services, hailing a ride from your phone rather than a street corner. This eliminates any of the professional benefits, like reducing congestion or environmental footprint.
Research even questions if they divert passengers from automobiles.
Travel surveys consistently reveal that only about 20% of TNC trips replace personal car trips. Another 20% replace traditional taxi services. The bulk of TNC trips- 60% either replace transit, biking, and walking, or would not have been made without the availability of TNCs.
Ecolane transform agencies from ride-hailing to ride-sharing providers:
How do we reduce costs, decrease our carbon footprint, and provide a superior customer experience for our passengers?
Operate a service that is truly ride-sharing.
Most scheduling algorithms aren’t sophisticated enough to perform this, especially amidst the variables that accompany service to vulnerable populations. Modernizing with a next-generation scheduling software ensures these services actually function as ride-sharing services. This is why fuel cost by 40%, and urban systems like Arlington, TX were able to increase their number of rides per hour by 44%.
Serving a New Generation in the 21st Century:
Remarkably, a next-generation scheduling software can turn ride-hailing providers into ride-sharing providers, all while delivering a better experience for our most feeble passengers.
The riding experience doesn’t just get easier for your customers, it gets prompter too. Link Transit General Manager Richard Derock smiles as he exclaims, “Most months, I get two to three times as many compliments on the service as complaints.”
Ride-hailing and Ride-sharing are elements of a rapidly developing infrastructure of mobility. Explore the cutting-edge by checking out our depth guide on the future transportation landscape.
Conclusion:
In the end, the fundamentals of getting a taxi service which takes you somewhere or catch a ride with someone have not changed. It’s the smart use of technology and the fact nearly everyone has a smartphone now that has enabled this concept to spread so quickly. It has become easier, safer and far more efficient for many people to use these services than drive themselves.
