Cab sharing concept picks up speed
NEW YORK CITY — Taxis may be convenient, but the cost of getting across town is enough to give you sticker shock.
But what if there was a way to share both the cost and the cab? That’s the idea behind a burgeoning business called CabCorner.
Jonathan McKinney founded the company along with Jesse Sommer. McKinney says the concept makes good economic sense, and not just for the passengers, for cab drivers, as well.
“You’re going to get more riders, you’re going to have more fares,” McKinney says. “Drivers are going to go further distances and, ultimately, the bottom line, the revenue for the cab industry is going to increase. It’s more affordable for everyone.”