Photo: Yellow Cab / Courtesy
For: Gustavo Rangel
Friday, September 20
Largest Taxi Company In Houston Declares Bankruptcy; pandemic and Uber sink Yellow Cab
HOUSTON – It’s the end of an era for one of Houston’s largest taxi service companies.
Yellow Cab Houston announced that it has decided to file for bankruptcy and that He is currently in negotiation talks with the company zTrip, a more modern transportation company, to sell the company.
“The last four years have battered the taxi industry . Unregulated competition and the pandemic have combined to create an unsustainable environment for our company, ”Yellow Cab stated in a press release.
Bankruptcy includes Texas Taxi, Yellow Cab and Fiesta operations Cab in Austin and San Antonio.
zTrip is essentially the taxi industry’s answer to Uber and Lyft. The zTrip company application is sponsored by Transdev, which operates taxi and limousine services.
Need a ride? Use the app! zTrip is the best way to book a ride for your weekend shenanigans! # zTrippin pic.twitter.com/7JCb2NFTH2
– zTrip Texas (@zTripTX) December 29, 2021
“After 54 years the The city of Houston says goodbye to the original Yellow Cab and we entrust zTrip with our base to continue offering residents safe and quality services, ”the statement added.
. Yellow Cab currently has 5, 000 vehicles, 900 drivers under contract.
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