On-demand Cars’ Huge Impact On Taxi Business

The taxi business is being impacted severely by competing transportation networks: in July, average trips by taxis in San Francisco, home to on-demand car services Uber and Lyft, were reportedly only one-third of trips in March 2012. The San Francisco Municipal Transportation Agency (SFMTA) is doing its best to help taxi drivers stay in business, but the trend towards on-demand services seems all but inevitable at this point.