Yellow Cab Houston files for bankruptcy and seeks deal with zTrip

HOUSTON, Texas (KTRK) – It’s the end of an era for the Greater Houston area’s largest taxi service company.

Houston yellow cab announced it had made the decision to file for bankruptcy and has since discussed a sale deal with zTravel, a new transport company.

“The past four years have rocked the local taxi industry. Unregulated competition, excessive litigation and the pandemic have combined to create an unsustainable environment for the typical taxi company,” Yellow Cab Houston said in a statement. .

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

ZTrip is essentially the taxi industry’s answer to Uber and Lyft. The company’s app is sponsored by Transdev, which operates taxi and black car services.

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After 54 years, the City of Houston will say goodbye to the original yellow cab and build confidence in newer vehicles which zTrip says offer “the best dispatch, IVR, security cameras and bases. of available data “.

“We present zTrip as the perfect hybrid between traditional taxi services and TNC services,” the company says on its website.

To date, more than 5,000 vehicles, 400 employees and 2,900 contract drivers make up zTrip. To download the application, visit the ZTrip website.

The video above is taken from a previous story.

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