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]
posted by Atrahasis
on Jul 9, 2014 -
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.
posted by Joe Beese
on Nov 16, 2010 -
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
part of the blighted Baltimore economy.
posted by cloeburner
on Nov 9, 2009 -
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.
posted by SandeepKrishnamurthy
on Jan 4, 2002 -