Southern Nevada’s taxicab companies continued to report severe declines in ridership and revenue last month, according to figures released Monday.
More than 1.69 million taxi trips were reported in April, a 17 percent drop from the same period in 2016, the Nevada Taxicab Authority reported. The region’s 16 certified taxicab companies reported a combined $27.2 million in revenue last month, down 16.9 percent from April 2015.
Year-to-date, 7 million taxi trips were reported during the first four months of 2017, a 12.61 percent decline from the same period last year, the Taxicab Authority reported. Through April, the cab companies reported a combined $113.9 million in revenue this year, down 12.63 percent from the first four months of 2016.
Taxicab Authority officials have attributed the declines to increased use of ride-hailing companies among passengers.
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