Chicago taxi drivers want relief from Uber, Lyft – Transportation News

on Jun8

6 June 2017 | 5:46 pm

(AP) — A union representing hundreds of Chicago taxi drivers wants the city to ease vehicle restrictions, waive a tax and eliminate a fee to help what they call a struggling industry.

The Cab Drivers United union says its members are struggling to survive in the era of ride-hailing services. The union released a study Monday that indicates operators who paid hundreds of thousands of dollars for taxi medallions are increasingly facing foreclosure on the loans they took out to finance the purchases.

The union is asking the city to consider allowing older taxis to stay on the road as long as they pass inspection. It also wants the city to waive a $98-a-month ground transportation tax and eliminate a $1,000 fee to renew medallions every two years.

Department of Business Affairs and Consumer Protection spokeswoman Lilia Chacon says city officials are open to talks.

Read more:
Posner on Uber vs. taxis: ‘dogs and cats’
Here’s one way to make money in the cutthroat taxi biz: Sell insurance
Judge tosses out McPier suit against Uber, Lyft

Previous postSmall business owners 'excited' to win neighborhood jump-start grants Next postMan Surrenders After West Suburban SWAT Standoff, Gun Recovered: Cops

Chicago Financial Times

Copyright © 2021 Chicago Financial Times

Updates via RSS
or Email