The yellow cab crisis is beginning to attract the attention of national and international news organizations, with Al Jazeera & Yahoo recently publishing articles on the topic
The question is not whether taxi industry wants to survive the future that plays out, but whether the regulators are willing to equalize the rules everybody in NYC FHV industry must adhere to. Yellow medallion taxi owners have learned every lesson to be learned, however the regulations are standing in their way....and the modernization the author mentions definitely needed at the helm of the NYC Taxi & Limousine Commission which oversees the rules & regulations for FHVs.
The question is not whether taxi industry wants to survive the future that plays out, but whether the regulators are willing to equalize the rules everybody in NYC FHV industry must adhere to. Yellow medallion taxi owners have learned every lesson to be learned, however the regulations are standing in their way....and the modernization the author mentions definitely needed at the helm of the NYC Taxi & Limousine Commission which oversees the rules & regulations for FHVs.
What needs to change about the current regulations would you say to level the playing field for Yellow Cabs?