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The New York City Taxi and Limousine Commission has enforced strict requirements for the color of medallion taxicabs since the late 1960s. [102] According to the Rules of New York City, "The exterior of the vehicle must be painted taxi yellow (Dupont M6284 or its equivalent), except for trim. Samples of paint color and shade are to be submitted ...
The taxicabs of the United States make up a mature system; most U.S. cities have a licensing scheme which restricts the number of taxicabs allowed. As of 2012 the total number of taxi cab drivers in the United States is 233,900; the average annual salary of a taxi cab driver is $22,820 and the expected percent job increase over the next 10 years is 16%.
A hackney or hackney carriage (also called a cab, black cab, hack or taxi) is a carriage or car for hire. [1] A hackney of a more expensive or high class was called a remise . [ 2 ] A symbol of London and Britain, the black taxi is a common sight on the streets of London. [ 3 ]
The LTI TX1 is a Hackney carriage (London "Black cab") introduced by London Taxis International in 1997 and designed to replace the ageing Austin FX4. It was designed by British product designer Kenneth Grange. [1] Most are powered by a diesel engine from Nissan, a relationship which began in late FX4s. [2]
The total value of all medallions and assets related to them had a value of $16.6 billion in New York City in 2013. [9] In 1962, the market value of a medallion was around $25,000. The price rose steadily. In 2005, an individual medallion was around $325,000 while a corporate medallion was approximately $375,000. [12]
The car itself is usually large and similar in feel to a licensed taxi. In New York City, Baltimore, Philadelphia, and other cities non-medallion car services (also called livery cabs) lawfully exist but are only supposed to respond to telephone dispatch. They cannot legally pick up street hails or enter taxi stands at airports.
In 2005, the TLC refused to allow alternative-fuel vehicles to be used as cabs, despite the New York City Council's vote to approve them. Cab operator Gene Freidman, who had purchased several hybrid vehicles after the council's ruling, sued the TLC in New York's Supreme Court. The City Council, "angered" by the TLC's defiance of its decision ...
The last operating Checker Cab in New York City, an A11 built in 1978 with plate #1N11 and nicknamed "Janie", was retired in on July 26, 1999, [50] [51] as a New York City taxicab ordinance passed in 1996 requires that livery vehicles be replaced after six years of service. [52]