Southern Nevada’s taxicab companies continued to report severe declines in ridership and revenue last month, according to figures released Tuesday.
More than 1.73 million taxi trips were reported in March, a 14.8 percent drop from the same period in 2017, the Nevada Taxicab Authority reported.
The region’s 16 certified taxicab companies reported a combined $27.2 million in revenue last month, down 17.5 percent from March 2017.
Year-to-date, 4.6 million taxi trips were logged during the first quarter of 2018, down 14 percent from the same period last year. During that same period, revenues were down 15 percent at $73.6 million.
The local taxicab industry has reported monthly declines in revenue and ridership ever since so-called transportation network companies such as Uber and Lyft were legally allowed to operate in Southern Nevada in September 2015.