Are taxi shortages now a thing of the past?

LTA says its Taxi framework spiked cab numbers.

It’s now time to stop worrying about not being able to catch a cab as you hurry towards somewhere. The Land Transportation Authority reported a spike in the percentage of taxis on the roads during peak hours, reaching 91% for the first nine months of 2015.

According to a statement by the LTA, 2,000 more taxis are now available for hire by commuters during these dreaded peak hours, thanks to the Taxi Availability framework which was first implemented on the very first day of 2013.

“Over the same period, the percentage of taxis plying at least 250km daily has also increased, from 75% to 81%. The daily taxi utilisation rate, or the proportion of total taxi mileage under hire, has likewise increased, from about 65% in 2013 to 66% in the first nine months of 2015,” the statement said.

According to the LTA, the numbers reveal that more taxis have been traversing the roads to serve even more commuters, and taxis are being more efficiently utilised.
 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!