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Uber Cuts Fares in Canada and Texas, Increases Fares in 4 US Cities in June

Uber Cuts Fares in Canada and Texas, Increases Fares in 4 US Cities in June

Uber increased fares some cities and decreased them in others. Many of the price increases were an adjustment from the extreme price cut they implemented in January. You can read about the 48 cities that got their price cut in January. From my tally, only 24 of the 48 cities got price increases but none of them are at their 2014 price levels, up from 22 as of last week.

Here are the list of cities that had a price increase in June

Here is the list of cities that had a price decrease:

I still believe that over time, prices will increase to level we saw late in 2014 but it will be quite some time before that happens. When Uber decides to focus on profit rather than growth will be when rates will increase, but it may also come with higher commissions from the recent articles today. However, they can always get more profit from increasing the commission to 30%, as reported by Forbes.

Take a look below for more details on it.

Price Increase:

Atlanta

6% Increase, but still 6% down from January

11%6%
1/6/20155/27/20156/5/2015Jan DecreaseJune Increase
Base Fare $       1.30 $        1.15 $       1.3012%13%
Minute $       0.16 $        0.16 $       0.160%0%
Mile $       1.22 $        0.95 $       1.0022%5%
Safety $       1.00 $        1.00 $       1.000%0%
Min Fare $       6.00 $        5.00 $       6.0017%20%
Cancel $       6.00 $        6.00 $       6.000%0%

Inland Empire

Price increase of 8%, but still 26% down from January

30%8%
1/6/20155/27/20156/3/2015Jan DecreaseJune Increase
Base Fare $       1.61 $          0.80 $           1.0050%25%
Minute $       0.29 $          0.21 $           0.2128%0%
Mile $       1.25 $          1.10 $           1.1012%0%
Safety $       1.00 $          1.00 $           1.000%0%
Min Fare $       4.00 $          4.00 $           4.000%0%
Cancel $       5.00 $          5.00 $           5.000%0%

Los Angeles

Only a 6% increase

44%6%
1/6/20155/27/20156/3/2015Jan DecreaseJune Increase
Base Fare $       0.80 $               – $                –100%
Minute $       0.21 $          0.18 $           0.1814%0%
Mile $       1.10 $          0.90 $           1.0018%11%
Safety $       1.00 $          1.00 $           1.000%0%
Min Fare $       4.00 $          4.00 $           4.000%0%
Cancel $       5.00 $          5.00 $           5.000%0%

Spokane

17% increase, but still 20% down from January

31%17%
1/6/20155/27/20156/5/2015Jan DecreaseJune Increase
Base Fare $       1.50 $        1.25 $       1.3517%8%
Minute $       0.35 $        0.20 $       0.2443%20%
Mile $       1.65 $        1.10 $       1.3533%23%
Safety $       1.00 $        1.00 $       1.000%0%
Min Fare $       5.00 $        4.00 $       5.0020%25%
Cancel $       5.00 $        5.00 $       5.000%0%

Price Decreases:

Edmonton

9% decrease

5/27/20156/3/2015Decrease
Base Fare $          2.75 $           2.750%
Minute $          0.30 $           0.25-17%
Mile $          0.95 $           0.85-11%
Safety $          1.00 $           1.000%
Min Fare $          3.75 $           3.750%
Cancel $          5.00 $           5.000%

El Paso

23% Price decrease

-23%
5/27/20156/5/2015June Decrease
Base Fare $        1.90 $       1.50-21%
Minute $        0.25 $       0.18-28%
Mile $        1.75 $       1.40-20%
Safety $        1.00 $       1.000%
Min Fare $        5.70 $       5.00-12%
Cancel $        5.00 $       5.000%

Lubbock

23% Decrease

-23%
5/27/20156/5/2015June Decrease
Base Fare $        1.901.5-21%
Minute $        0.250.18-28%
Mile $        1.751.4-20%
Safety $        1.0010%
Min Fare $        5.705-12%
Cancel $        5.0050%

Ottawa

14% decrease

-14%
5/27/20156/5/2015June Decrease
Base Fare $        2.30 $       2.00-13%
Minute $        0.25 $       0.18-28%
Mile $        0.80 $       0.800%
Safety $        1.00 $       1.000%
Min Fare $        3.30 $       3.300%
Cancel $        5.00 $       5.000%

Toronto

12% Decrease

-12%
5/27/20156/5/2015June Increase
Base Fare $        2.75 $       2.50-9%
Minute $        0.25 $       0.18-28%
Mile $        0.80 $       0.800%
Safety $        1.00 $       1.000%
Min Fare $        3.75 $       3.50-7%
Cancel $        5.00 $       5.000%
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