NYC approves 17% cab fare hike; JFK fare rises cross $50 mark


Skift Take

It may not be the most consumer friendly increase, but it is the first in 8 years and helps the cab drivers a lot, especially the ones leasing those cabs, which is majority.

New York City’s Taxi and Limousine Commission voted Thursday to approve a fare hike that would increase the cost of a ride by 17 percent. TLC estimates that the average fare of $10.44 would rise to $12.21 after the increase is expected to go