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Ridership, Revenue Down For Southern Nevada’s Cab Companies

LAS VEGAS (AP) — The Nevada Taxicab Authority’s latest figures show Southern Nevada’s cab companies continue to experience severe declines in ridership.

More than 1.76 million taxi trips were reported in July, which is a 10.8 percent drop from the same period in 2016.

The region’s 16 certified taxicab companies reported a combined $27.4 million in revenue last month, down 11.3 percent from July 2016.

The figures show 12.33 million trips have been reported through the first seven months of 2017, which is a 13.28 percent decline from the same period last year.

Taxicab Authority officials have attributed the declines to increased use of ride-booking companies.

 

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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