Operations

Taxi Industry Climbing Back In San Francisco

Posted on November 24, 2015


SAN FRANCISCO -- What explains this resurgence in people entering the taxi industry in the city that launched transportation network companies?

Hansu Kim, owner of the Flywheel taxi fleet, says for the first time he is seeing Uber drivers applying to become taxi drivers. He says they realize they can make a higher hourly wage driving cabs than Ubers.

“There is a stigma attached to taxi cab driving. But Uber and Lyft have created a lot more people who would now consider driving as a way to make money,” Kim says.

While taxi drivers’ incomes are still down about 25% since Uber launched, their incomes have started to stabilize, he adds.

Wall Street Journal Digits blog article here 

View comments or post a comment on this story. (0 Comments)

More News

Celebrity Worldwide Launches New Charter Jet Website

Clients of the Philadelphia-based company can book seamless air travel worldwide through an easy, more informative site.

No Way Uber Worth $70 Billion, Investor Says

Meanwhile, the feds have penalized the TNC for misleading consumers on its privacy practices.

Updated Uber For Business Gives Companies More Control

The TNC's refreshed platform will help streamline corporate ride-hail use, especially for unmanaged travel programs.

Dream Team: How One Company Keeps Clients And Staff

eNews Exclusive: Concierge Limousine along California’s Gold Coast knows that without happy, loyal employees, an operation will fall apart.

Layoffs Feared As Uber Shuts Down Leasing Unit

Being in the car leasing business was harder than the TNC imagined.

See More News

Facebook Comments ()

Comments (0)

Post a Comment

Submit

Blog

See More

LCT Store

LCT Magazine - August 2017 $12.95 MILLENNIALS/FAST 40 ISSUE COVER STORY: * How to Score & Keep The Best Young Talent * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close