Taxi industry dead?

Can we expect a completely different taxi landscape after the Games?

Well, maybe not yet.  But this is the press release that Black Top & Checker Cabs, the second largest company in the city, has just sent out:

For Immediate Release
February 8, 2010
Vancouver Taxi business “dead” just days before Olympics
Drivers unsure of how they will survive the next 2 months

Vancouver, BC – A combination of factors associated with the Winter Olympic Games have resulted in the slowest period for the taxi industry in the past 15 years, says Amrik Mahil, President of Black Top and Checker Cabs.

“I have never seen it like this, and I am very worried about the lingering effects from two months of this kind of business climate” said Mahil.  “While everyone thought that we would have too few cabs for the Olympics, the reality of the situation in this final week before the Games tells a vastly different story.”

There are dozens of temporary licenses that have been issued for the duration of the Games.  Taxi operators in the GVRD who cannot usually operate within the City of Vancouver are now able to deploy up to 35% of their fleet to pick up passengers at Olympic sites or anywhere else in the city.  The Olympic transportation plan and associated road closures make using taxis within the city to get to and from Olympic events very inconvenient (no right lane stopping, meaning the amount of cab stands is severely reduced during the Games).  Finally, the economy is still soft, making cab fares an expense that many individuals and companies have cut back on.

With fixed costs ranging between 80-$120 per shift, many cab drivers are having trouble breaking even.  In fact, many drivers are now contemplating a departure from the industry because of an inability to make ends meet.

The long-term health of the taxi industry in Vancouver is now at risk, according to Mahil.

“We would not be able to withstand a mass exodus of drivers from our company, and yet we cannot even guarantee these individuals a consistent income over the coming months” said Mahil.  “VANOC and the Passenger Transportation Board have grossly overestimated the need for taxis during the Games, and now we are all paying the price.”

Black Top is Vancouver’s second largest taxi company with 197 vehicles and over 50 years of service within the city.

Media contact:
Amrik Mahil
President – Black Top and Checker Cabs

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FACT OF THE DAY

More than 221,000 people have taken the second Amtrak evening train to Vancouver since the service began last August. It had a record month in July with nearly 25,000 passengers. Ridership on the morning train has also increased 21% in the past year.

Quote OF THE DAY

“Economic power is [dependent] on how fast you move people and goods around. You see China growing right now very rapidly in this direction. This is the direction North America must go.” – California Governor Arnold Schwarzenegger

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