Trans-Cab fleet halved since arrival of private-hire firms

Rise of Uber, Grab sees total taxi population drop 37.7% from 2014

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.
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
Christopher Tan
Senior Transport Correspondent
Updated
Jun 04, 2020, 07:57 AM
Published
Jun 04, 2020, 05:00 AM
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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.

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A version of this article appeared in the print edition of The Straits Times on June 04, 2020, with the headline Trans-Cab fleet halved since arrival of private-hire firms. Subscribe

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