Friday, April 15, 2016

Uber and Lyft have devastated L.A.'s taxi industry, city records show

The rise of Uber and Lyft has dealt a swift, brutal blow to the Los Angeles taxi industry.
Since the ride-hailing services began operating in Southern California three years ago, the number of L.A. taxi trips arranged in advance has fallen by 42%, according to city records, and the total number of trips has plummeted by nearly 30%.  http://www.latimes.com/local/lanow/la-me-ln-uber-lyft-taxis-la-20160413-story.html
Article courtesy of the Los Angeles Times by Laura J. Nelson

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