transportation network company - Computer Definition
An organization that uses mobile apps and the Internet to allow people to secure individual and carpooling rides from drivers in non-commercial vehicles. The drivers are contractors rather than employees. The GPS capability in the user's smartphone identifies the pick-up location, and the user is informed how long it will take for the car to arrive. Also called a "ridehailing" or "ridesharing" service, in 2013, the California Public Utilities Commission created the transportation network company category to deal with Uber, Lyft and similar services. See Uber and Lyft.