Yellow cab drivers push for ‘long overdue’ fare hike

The city’s taxi drivers and their advocates are pushing for the first metered fare increase in 10 years as drivers struggle to make ends meet amid rising costs and plummeting revenue.

Drivers, union officials and trade groups called on the city’s Taxi and Limousine Commision for a comprehensive package of regulatory relief that would ramp up cabbies’ pay while decreasing their expenses during a virtual Monday hearing—the first in a series of public engagement sessions as the TLC explores a fare increase for yellow cabs and app-based for-hire drivers.

The current metered rate is set at an initial charge of $2.50 with an additional 50 cents per every

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