TLC Issues For-Hire Vehicle License Determination

Report Finds FHV Capacity Sufficient. Car licenses will not be issued over next 6 months.

Link to press release.

Report Finds FHV Capacity Sufficient

The New York City Taxi and Limousine Commission (TLC) today issued its biannual review of factors to determine whether the issuance of additional For-Hire Vehicle (FHV) licenses are needed to serve the riding public. Those factors culminate in a conclusion that additional FHV car licenses will not be issued over the next six months. The Report is available HERE.

The factors, as laid out in agency rules, include congestion levels, driver pay, license attrition rates, and the availability of outer-borough service. While the pre-pandemic statistics were compelling on their own, data specific to the impact of the COVID-19 pandemic on our For-Hire Industry (see our recent report) further bolstered the determination.

“As the City progresses through its phased reopening, there has been a gradual increase in ridership,” said TLC Commissioner Aloysee Heredia Jarmoszuk. “Presently, there are enough vehicles across all segments of the fo…