Lyft says riders will pay a fixed 55-cent fuel surcharge on every trip, which will go to drivers.

Photo: David Paul Morris/Bloomberg News

More gig-driving companies are laying out plans to address surging fuel prices, with Lyft Inc. LYFT 5.93% announcing a fuel surcharge and DoorDash Inc. DASH 13.45% offering a fuel rebate.

Lyft said Wednesday that riders will pay a fixed 55-cent fuel surcharge on every trip, which would go to drivers. Rival Uber Technologies Inc. UBER 9.43% said Friday that U.S. riders will pay a fuel surcharge of 45 cents to 55 cents, depending on their location. The charge for Uber’s food-delivery customers ranges from 35 cents to 45 cents.

Uber and Lyft said the surcharge will remain in effect for the next two months.

On Tuesday, food-delivery company DoorDash said its couriers would receive cash back on fuel through a prepaid debit card the company has with Visa Inc. V 2.78% Grubhub raised the per mile pay for couriers last week, saying the increase was in line with the average per-mile cost increase for gas in drivers’ regions.

As of February, retail gas prices in the U.S. were up 38% year-over-year, according to the U.S. Energy Information Administration. The average price a gallon of regular gas in the U.S. reached a record high last week.

Russia’s attack on Ukraine helped push the price of oil to over $100 a barrel for the first time since 2014. Here’s how rising oil costs could further boost inflation across the U.S. economy. Photo illustration: Todd Johnson

Write to Preetika Rana at [email protected]

Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Europe Data Points to Contraction but Economy Set to Avoid Worst-Case Scenario

Economy Global economy has continued to slow as households cut spending, but…

McDonald’s Vows to Keep Burger Prices Competitive as Sales, Prices Rise

McDonald’s Corp. needs to make sure its burgers and coffee don’t grow…

‘Severe panic’: Ukrainians confront Russia’s terrifying might after weeks of waiting

By around 9 a.m. local time (2 a.m. ET), NBC News’ Erin…

Pill Intended to Be Covid-19’s Tamiflu Succeeds in Key Study

Merck MRK 0.03% & Co. and its partner Ridgeback Biotherapeutics LP said…