How are our cabs doing? Well, there has been a 9% drop in taxi trips from this time last year, but don’t be too alarmed. According to data published by the city’s Taxi and Limousine Commission our beloved yellow cabs are safe from services like Uber… for now.
There are, however, dark clouds on the horizon for NYC cabbies. The numbers show that Uber has grown 121% in the last year (some 4.7 million fares). Could this mean that at some point in the future we will witness the extinction of Yellow Cabs?