Wednesday 16 November 2022 05:38 AM Taxi fares are going up 23% in New York City for the first time since 2012 trends now
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New Yorkers will soon see a significant increase in their yellow taxi fares for the first time in a decade.
The NYC Taxi and Limousine Commission voted on Tuesday to raise the price of a cab drive by 23 percent. The rate will also impact the ride share companies Uber and Lyft, who will increase their charge per-mile and minute.
The commission also voted to up the cost of airport rates, overnight rides and travel during rush hour. The move will contribute to the increased pay of drivers.
'After a year of all drivers having to choose between food and fuel, and a decade of not just stagnation but loss for yellow cab drivers in particular, we’re relieved to see the raise be voted on,' a spokesperson with the New York Taxi Workers Alliance told Bloomberg.
TLC Commissioner David Do also praised the decision: 'Raising taxi fare rates and minimum pay for high-volume drivers is the right thing to do for our city,'
The change will result in the