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A taxi medallion, also known as a CPNC (Certificate of Public Necessity and Convenience), is a transferable permit in the United States allowing a taxicab to operate. Several major cities in the US use these in their taxi licensing systems, including New York City , Boston , Chicago , Philadelphia , and San Francisco .
New York medallion taxicab in a prior livery. The medallion number is on the side of the taxicab. Medallion (yellow) cabs are concentrated in the borough of Manhattan, but can be hailed anywhere throughout the five boroughs of New York City and may be hailed with a raised hand or by standing at a taxi stand. [7]
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For example, taxi drivers working in a certain zone in the evening hours may expect night club patrons to need a ride. Consider a standby point at Main Street and Railroad Avenue named N. Some fares will come from radio calls to dispatch. A taxi driver, Car 4, may go to predefined standby location N.