Capital Region Cab Company Shuts Down Before New Year
It’s not even 2020 yet and the Capital Region has already seen one major change happen for the new year.
To the surprise of many, a major cab company in the Troy area has closed it’s business. After over 70 years in business, Black & White Taxi of Troy has shut down. According to WNYT, a number of factors were mentioned as putting the company out of business- including the introduction of ride sharing services like Uber & Lyft, as well as other medical transport services.
Personally as someone who knows the impact of Black & White in Troy, it’s a shame to see them close down. Just like WNYT notes, certain people in Troy have become used to relying on the can services. Plus, believe it or not , not everyone has a smartphone to be able to arrange an Uber or Lyft. And then there was the services Black & White provided to the hospital and medical offices in Troy.
The company is reported to be filing for bankruptcy next week. You can read more here.