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Yellow cabs in New York City A luminous taxi top sign. A taxi, also known as a taxicab or simply a cab, is a type of vehicle for hire with a driver, used by a single passenger or small group of passengers, often for a non-shared ride. A taxicab conveys passengers between locations of their choice.
A ridesharing company (or ridehailing service) is a company (or service offered by a company) that, via websites and mobile apps, matches passengers with drivers of vehicles for hire that, unlike taxis, cannot legally be hailed from the street.
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%.
The road to autonomous driving is not for the faint of heart. Look behind to view the wreck of Uber’s self-driving car. In the ditch to the left is General Motors’ Cruise robo-taxi.
New York medallion taxicab in a prior livery. The medallion number is on the side of the taxicab. Medallion (yellow) cabs are concentrated in the borough of Manhattan, but can be hailed anywhere throughout the five boroughs of New York City and may be hailed with a raised hand or by standing at a taxi stand. [7]
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