financetom
Business
financetom
/
Business
/
Lyft rolls out driver-relief program as US fuel prices climb
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Lyft rolls out driver-relief program as US fuel prices climb
Mar 26, 2026 4:42 AM

March 25 (Reuters) - Ride-hailing company Lyft said on Wednesday it will roll out a temporary driver-relief program in the United States, as higher gasoline prices squeeze earnings for gig workers.

A sharp rise in fuel costs, driven by energy supply disruptions linked to the ongoing U.S.-Israeli conflict with Iran, is hurting gig workers.

The national average price of gasoline has jumped more than 30% in recent weeks, hovering around $4 per gallon.

Lyft's 60-day program, which will run from March 27 through May 26, offers cash-back incentives and fuel savings for drivers using the Lyft Direct debit card at eligible gas stations.

Under the initiative, top-performing drivers will receive an extra 2% cash back on fuel purchases, while mid-level drivers will get an additional 1%, on top of existing rewards that range from 1% to 10% based on driver status.

The combined savings, including offers from Lyft partners, could reach as much as 94 cents per gallon for top-tier drivers, based on national average fuel prices of $3.97 per gallon, the company said.

Food delivery platform DoorDash said on Monday it was launching a similar program that would run through April 26.

(Reporting by Akash Sriram in Bengaluru; Editing by Shinjini Ganguli)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Canada's CPKC expands freight embargoes ahead of looming work stoppage
Canada's CPKC expands freight embargoes ahead of looming work stoppage
Aug 17, 2024
OTTAWA (Reuters) - Canadian Pacific Kansas City ( CP ) said on Saturday it would halt any new rail shipments originating in Canada, and all new U.S. shipments destined for Canada starting on Tuesday if talks with its Canadian labour union fail to progress. North American industry groups and shippers are bracing for an unprecedented simultaneous stoppage at both of...
X to close operations in Brazil 'effective immediately'
X to close operations in Brazil 'effective immediately'
Aug 17, 2024
SAO PAULO (Reuters) - Media platform X said on Saturday it would close its operations in Brazil effective immediately due to what it called censorship orders from Brazilian judge Alexandre de Moraes. X claims Moraes secretly threatened one of its legal representatives in Brazil with arrest if it did not comply with legal orders to take down some content from...
X to close operations in Brazil 'effective immediately'
X to close operations in Brazil 'effective immediately'
Aug 17, 2024
SAO PAULO, Aug 17 (Reuters) - Media platform X said on Saturday it would close its operations in Brazil effective immediately due to what it called censorship orders from Brazilian judge Alexandre de Moraes. X claims Moraes secretly threatened one of its legal representatives in Brazil with arrest if it did not comply with legal orders to take down some...
Swiss International's Boeing 777 makes unexpected landing in Kazakhstan due to medical incident
Swiss International's Boeing 777 makes unexpected landing in Kazakhstan due to medical incident
Aug 17, 2024
Aug 17 (Reuters) - A Boeing 777 aircraft operated by Swiss International Air Lines flying from Tokyo to Zurich made an emergency landing in Kazakhstan on Saturday due to a medical incident onboard, followed by issues after the aircraft landed, the airline said in a statement. The Boeing 777-300ER's nose wheel got caught in the grass and was stuck, requiring...
Copyright 2023-2026 - www.financetom.com All Rights Reserved