Yellow Cab Houston files for bankruptcy and seeks agreement with zTrip

1 week ago 6

HOUSTON, Texas (KTRK) -- It's the extremity of an epoch for the largest taxi services institution successful the greater Houston area.

Yellow Cab Houston announced it has made the determination to record for bankruptcy and has since been discussing a merchantability statement with zTrip, a newer proscription company.

"The past 4 years person jolted the section taxicab industry. Unregulated competition, excessive litigation and the pandemic person combined to make an unsustainable situation for the emblematic cab company," Yellow Cab Houston said successful a statement.

The bankruptcy filing includes Texas Taxi, and Yellow Cab and Fiesta Cab operations successful Austin and successful San Antonio.

ZTrip is fundamentally the taxi industry's reply to Uber and Lyft. The company's app is sponsored by Transdev, which operates taxi and achromatic car services.

SEE RELATED STORY: Ride sharing alternatives disposable successful Houston

After 54 years, the metropolis of Houston volition accidental goodbye to the archetypal yellowish cab and guarantee their spot successful newer vehicles that zTrip says offers "the champion dispatching, IVR, information camera and databases systems available."

"We tout zTrip arsenic the cleanable hybrid betwixt accepted taxicab and TNC services," the institution says connected its website.

As of now, much than 5,000 vehicles, 400 employees and 2,900 contracted drivers marque up zTrip. To download the app, sojourn the zTrip website.

The video supra is from a erstwhile story.

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