Southern Nevada’s taxicab companies once again reported steep declines in ridership and revenue last month, according to figures released Friday.
More than 1.65 million taxi trips were reported in August, a 13 percent drop from the same period in 2016, the Nevada Taxicab Authority reported. The region’s 16 certified taxicab companies reported a combined $26.2 million in revenue last month, down 12.3 percent from August 2016.
Year-to-date, 13.98 million trips were reported during the first eight months of 2017, a 13.25 percent decline from the same period last year, the Taxicab Authority reported. Through August, the cab companies reported a combined $225.1 million in revenue this year, down 13.3 percent from the first eight months of 2016.
Taxicab Authority officials have attributed the declines to increased use of ride-hailing companies among passengers.
Contact Art Marroquin at firstname.lastname@example.org or 702-383-0336. Find @AMarroquin_LV on Twitter.