Uber is making New York City cab drivers miserable
Aug 18, 2015, 00:39 IST
"Pickups for the iconic taxis that long ruled Manhattan streets plummeted 10% to 77 million in the first six months of 2015 - down from 85.5 million the year before, a Daily News analysis of trip data showed."
"The taxis collected $981 million through June of this year, a 7% drop compared with the $1.06 billion raked in over the same period last year.
In real numbers, each cab brought in 9% less on average due to an increased number of taxi medallions and stiffer competition."