Articles tagged “taxis”

Electric Taxis From a London Black Cab Company Will Debut in Amsterdam in 2018

Electric Taxis From a London Black Cab Company Will Debut in Amsterdam in 2018

Jessica Shankleman, Bloomberg

London's black cabs, albeit an electric version of them, could be the next tourist attraction in Amsterdam. And they won't be polluting up the place.

2 months ago

Cabbies Defaulting on Loans as Value of Taxi Medallions in NYC Plummets

Cabbies Defaulting on Loans as Value of Taxi Medallions in NYC Plummets

Polly Mosendz and Shahien Nasiripour, Bloomberg

A couple of years ago, taxi medallions in New York City were selling for $1.3 million. For many years the taxi industry thought their business -- which saw the number of licensed taxis in the city capped -- was an unending gravy train. Cabbies in many parts of the world are finding they will have to adapt to on-demand services or see their businesses die.

8 months ago

50 U.S. Airports Tack on $183 Million for Taxi Rides Home

50 U.S. Airports Tack on $183 Million for Taxi Rides Home

Scott Mayerowitz, Associated Press

Airlines get a lot of grief for all the fees they charge. This story shows that a sliver of that ire could be directed at airports.

10 months ago

Taxis Battling Ridesharing Services Are Losing the Fight for Business Travelers

Taxis Battling Ridesharing Services Are Losing the Fight for Business Travelers

Hannah Sampson, Skift

As app-based ride-hailing services become widespread in personal use, it's no surprise that corporate travel use is also increasing — even if some employers aren't fully on board yet.

1 year ago

Travel in France Tomorrow to Be Trying Thanks to Taxi and Air Traffic Strikes

Travel in France Tomorrow to Be Trying Thanks to Taxi and Air Traffic Strikes

Gregory Viscusi, Bloomberg

This may not be the last thing tourism in France needs right now, but it's at the top of the list. And it's a sure way to get everyone on the side of management.

2 years ago

Uber Is Trying to Start a Price War With Its Rivals in the U.S.

Uber Is Trying to Start a Price War With Its Rivals in the U.S.

Eric Newcomer, Bloomberg

Price wars are welcomed by consumers when they appear and resented when they go away.

2 years ago

Uber Cries Foul as Indonesian Police Seize 30 Cars

Uber Cries Foul as Indonesian Police Seize 30 Cars

Chris Brummitt and Fathiya Dahrul, Bloomberg

Uber is fighting entrenched special interests all over the world and sometimes, such as in France and now Indonesia, things get rough. Consumer demand will likely have a lot to do with how things play out in Indonesia.

2 years ago

Why Uber Could Face Its Toughest Fight Yet in China

Why Uber Could Face Its Toughest Fight Yet in China

Lulu Yilun Chen, Bloomberg

China is Uber's number one international priority but you can't always get what you want.

2 years ago

Uber’s Latest Foreign Challenger Is Russia’s Answer to Google

Uber’s Latest Foreign Challenger Is Russia’s Answer to Google

Ilya Khrennikov, Bloomberg

Whatever criticisms one may have of Uber, you have to hand it to them for picking fights and winning on so many fronts all at the same time.

2 years ago

New York City Taxi Owners Form Group to Take on Uber

New York City Taxi Owners Form Group to Take on Uber

Lejla Sarcevic, Associated Press

The medallion system was a failure before Uber and Lyft, and it's a tragedy now. The city should give benefits to the small operators yet leave the big ones to fend for themselves.

2 years ago

Taxis Vs. Uber in NYC According the Drivers Behind the Wheel

Taxis Vs. Uber in NYC According the Drivers Behind the Wheel

Lejla Sarcevic, Associated Press

For a city that's long been defined by the sea of yellow cabs flowing through its streets, the disruption brought on by Uber makes a fascinating story. But maybe not quite so interesting if your livelihood depends upon it.

2 years ago

New York’s Taxi Medallion Business Is Hurting, Thanks to Uber and Lyft

New York’s Taxi Medallion Business Is Hurting, Thanks to Uber and Lyft

Jennifer Surane, Bloomberg

Medallions do little to make life better for cabbies or for passengers. Good riddance.

2 years ago