NEW YORK – New York City announced relief for taxi medallion owners and drivers to restructure medallion debt and offer payment support. A $65 million relief fund was created through the federal ...
Two former commissioners of the Taxi and Limousine Commission have questioned the city’s debt-savings projections from its $65 million Medallion Relief Program. The de Blasio administration announced ...
A $65 million taxi medallion relief fund announced by Mayor Bill de Blasio has been met with disbelief by medallion owners and lenders alike. They question the economics of the plan and characterize ...
The fall of the taxi industry in San Francisco, as less-regulated ride services have taken hold, has been both steep and sharp. The number of trips taken by taxi plummeted 65 percent in just 15 months ...
Montgomery County’s largest taxi company filed for bankruptcy on Tuesday in what the company’s CEO said was a bid to reorganize and buy time as it retools to take on so-called app-based competitors ...