Until recently, taxi medallions have been a lucrative and secure investment in the U.S., increasing 500-700% since 2000, and 1000% since 1980. The taxi medallions are big business, with many single-medallion owner operators, but most medallions are concentrated in a small number of hands. In Chicago, the majority of its 6800 taxi medallions are owned by less than 200 entities. In Boston, 49% of all medallions are owned by just 51 entities. [more inside]
Since 2007 (or 1997) Dmitry Samarov has been writing and drawing the highs and lows (mostly lows) of driving a cab in Chicago.
In 2007, City officials convened a group of stakeholders, including representatives of taxi drivers, owner and passengers, to create a set of goals for the next New York City taxi cab, a project called the Taxi of Tomorrow.
A cosmically selective process: you enter a white cab in Chicago. After the usual pleasantries, the driver asks you if you'd like to hear a song...
Hacking is a Baltimore phenomenon that allows citizens to get cheap "illegal" rides across town. A hack indicates they want a ride by motioning their pointer finger towards the ground as they walk along the street. Inevitably a driver will stop, the two parties will negotiate a price and a ride will be given. It is both a dangerous and necessary part of the blighted Baltimore economy.
Famous Fat Dave is an NYC cabbie. Try his Famous Fat Dave's Five Borough Eating Tour on the Wheels of Steel (myspace, embedded theme song). (via)
Taxi Dreams Did anyone watch the PBS show- "Taxi Dreams"? The PBS site is very informative. I enjoyed the video clips in the gallery . The facts and figures section was decent. Overall, I thought it was a great way to study the immigrant experience and the American dream.
Why can't you people keep an eye on your instruments? Vintage violin left in a cab. A different, rare, $40,000 violin left in cab. A $4 million, 1673 Stradivarius cello left in a cab. A $35,000 violin bow left in a cab. And of course, Yo-Yo Ma's $2.5 million, 266-year-old cello, left in a cab.