|Yellow Cabs. Photo by John Han.|
According to Yellow Cab, the City's largest taxi fleet has had about 25 medallions switch to Affiliate as a result of the Medallion Sales Pilot Program. That's with about 84 medallions sold so far, with more to come.
That's okay if you happen to be one of the new medallion buyers. In fact, it might be a version of the American dream. It could also be pretty cool if you're one of the drivers hired on by those Affiliates.
But if you're Yellow Cab, or if you're a gate and gas taxi driver there, that's starting to mean some uncertainty. The landscape of the industry is clearly changing. And the industry has to decide what to do. Morning shift drivers at the company are now having to come in, for example, on Wednesday in order to work on Thursday. I'm confident Yellow Cab's management could confirm this. Why?