Hertz is now just a memory in Hoboken, but residents seeking a local carshare program can look to Zipcar for a lift. Hoboken city officials recently announced that the municipality's new carshare provider, Zipcar, has already begun installing signage and striping at its on-street car sharing locations. About 30 Zipcar vehicles within the Corner Cars program became available in Hoboken on Wednesday, a release stated. The city bid farewell to its Hertz 24/7 vehicles on Monday. Hertz representatives had cited a "low return on its investment" as the reason for ending the company's Hoboken and NYC carshare program. Hertz's announcement came on the heels of electronic rideshare service Uber's launch of its first New Jersey office in Hoboken on July 28. Send Hoboken news tips to eric.kiefer@patch.com
It seems Hertz are suffering at the hands of the sharing economy, shutting down their service in Hoboken, New Jersey, and being replaced by ride sharing upstart, Zipcar. The company has been forced to close its doors after a string of problems with drivers who were not properly licensed, according to reports.