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Taxicab vehicles, each of which must have a medallion to operate, are driven an average of 180 miles (290 km) per shift. The average total number of annual taxi passengers is 241 million. [ 111 ] By July 2016, that number had dropped slightly to 13,587 medallions, or 18 lower than the 2014 total. [ 112 ]
The taxicabs of the United States make up a mature system; most U.S. cities have a licensing scheme which restricts the number of taxicabs allowed. As of 2012 the total number of taxi cab drivers in the United States is 233,900; the average annual salary of a taxi cab driver is $22,820 and the expected percent job increase over the next 10 years is 16%.
Fares begin at US$3.00 and increase based on the distance traveled and time spent in slow traffic. The passenger also must pay for tolls incurred during the ride. [89] The average cab fare in 2000 was US$6.00; over US$1 billion in fares were paid that year in total. [90] Since 1999, 241 million passengers have ridden in taxis in New York City.
Checker Taxi was a dominant taxicab company and national franchisor that was based in Chicago, Illinois. Checker Motors was an American vehicle manufacturer based in Kalamazoo, Michigan that built the iconic Checker Taxicab, sold commercially as the Checker Marathon until 1982. [ 1 ] Both companies were owned by Morris Markin by the 1930s.
Taxi fares are set by the state and city where they are permitted to operate. The fare includes the 'drop', a set amount that is tallied for getting into the taxi plus the 'per kilometer' rate as has been set by the city. The taxi meters track time as well as distance in an average taxi fare.
From 14 July 2024 onwards, the flag fall – including the fare for the first two kilometres – is HK$29 for red taxis, HK$25.50 for green taxis and HK$24 for the blue Lantau cabs; thereafter, the meter adds HK$2.10 for every 200 metres travelled for Urban Taxis and HK$1.90 for New Territories Taxis and Lantau Taxis.