Scott Wallsten, The Atlantic, July 9, 2015
While taxis used to face little competition for on-demand point-to-point transportation, today they find themselves in a cutthroat business. The number of taxi trips in New York City decreased by about 8 percent from 2012 to 2014, and one recent report found that Uber provides almost half of all paid rides in major U.S. markets. […read more]