Taxi Drivers news and trends

$500M Rescue Plan Considered For Debt-Burdened Taxi Drivers
Ridesharing // January 16, 2020

A New York City-appointed panel is seeking a $500 million bailout to help taxi drivers trapped in unscrupulous medallion loans, The New York Times reported on Wednesday (Jan. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Colombian Regulators Order Uber To Shut Down
Ridesharing // January 12, 2020

Uber will cease operating in Colombia at the end of the month, the company said in a statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Taxi Drivers Driven To Bankruptcy Over Medallion Loans
Loans // May 19, 2019

The New York City taxicab industry has been suffering, with a series of suicides plaguing taxi drivers over the past year as they struggle with debt and financial strife. While New York City has long blamed Uber and Lyft for the industry’s woes, a New...

Quick Reads
Uber’s European Business Grows After Partnering With Taxi Drivers

May 29, 2023
A growing share of European taxi drivers’ business is coming from Uber. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]

$500M Rescue Plan Considered For Debt-Burdened Taxi Drivers

January 16, 2020
A New York City-appointed panel is seeking a $500 million bailout to help taxi drivers trapped in unscrupulous medallion loans, The New York Times reported on Wednesday (Jan. 15). Get...

Colombian Regulators Order Uber To Shut Down

January 12, 2020
Uber will cease operating in Colombia at the end of the month, the company said in a statement. Get the Full Story Complete the form to unlock this article and...

Taxi Drivers Driven To Bankruptcy Over Medallion Loans

May 19, 2019
The New York City taxicab industry has been suffering, with a series of suicides plaguing taxi drivers over the past year as they struggle with debt and financial strife. While...