For subscribers
Trans-Cab fleet halved since arrival of private-hire firms
Rise of Uber, Grab sees total taxi population drop 37.7% from 2014
Sign up now: Get ST's newsletters delivered to your inbox
Trans-Cab, the second-largest taxi operator here, bore the brunt of an industry-wide fleet shrinkage. The firm said that the age profile of its cabs also led to huge numbers being scrapped in the past year or so.
ST PHOTO: LIM YAOHUI
Trans-Cab, the second-largest taxi operator here, bore the brunt of a fleet shrinkage brought about by the arrival of private-hire operators.
Its fleet has almost halved since 2014, the first full year of operations of Uber and Grab, which lured many cabbies with low rental rates.
