taxi.jpgThanks to a new measure proposed by the SFMTA, SF could add as many as 125 new cabs for hire. As the Ex reports, the measure would include taxi medallions issued for full-time use or peak-time use as well as special electric vehicle medallions.

There are about 1,500 medallion holders in the City right now with 7,000 registered drivers. Medallion holders can lease their cars to multiple drivers which means that an additional 125 cabs could mean an overall increase of 8%.

As expected, drivers might not be all that jazzed by a measure to add more competition to SF’s streets. The MTA’s recent plan to allow medallion owners to sell their permits for $250,000 has already drawn fire from their numbers, as has a the 5% fee for drivers on credit card transactions.

This issue is expected to go before the SFMTA board on their June 21 meeting, which is scheduled for 1 PM at City Hall, Room 400.

Want more news, sent to your inbox every day? Then how about subscribing to our email newsletter? Here’s why we think you should. Come on, give it a try.

the author

Always in motion. April Siese writes about music, takes photos at shows, and even helps put them on behind the scenes as a stagehand. She's written everything from hard news to beauty features, as well as fiction and poetry. She most definitely likes pie.

Please make sure your comment adheres to our comment policy. If it doesn't, it may be deleted. Repeat violations may cause us to revoke your commenting privileges. No one wants that!
  • sfbird

    I’ve never even understand why there is any sort of program to limit the number of taxi drivers in the city. Other than the couple hundred rich guys who own medallions, who does this benefit? Certainly not the residents of SF who might say, need to catch a cab on a friday evening for some crazy reason. For that matter, what other private industry business owner has laws protecting them from competition?

  • sfbird

    I’ve never even understand why there is any sort of program to limit the number of taxi drivers in the city. Other than the couple hundred rich guys who own medallions, who does this benefit? Certainly not the residents of SF who might say, need to catch a cab on a friday evening for some crazy reason. For that matter, what other private industry business owner has laws protecting them from competition?