Todd W. Schneider recently mined data from the New York City Taxi & Limousine Commission to create a chart summarizing yellow taxi, Uber, and Lyft usage.
The data only runs up until January 2016, but here’s what he found:
“…yellow taxis provided 60,000 fewer trips per day in January 2016 compared to one year earlier, while Uber provided 70,000 more trips per day over the same time horizon.”
The Uber data only begins in 2015, but you can still see how quickly it is growing and how yellow taxis are losing market share. Five years ago, yellow taxis were reaching over 500,000 trips per day (a pretty amazing number) and in January of this year they were at about 350,000 trips per day.
It also appears that Lyft is struggling to gain traction.
What’s also great about Todd’s blog post is that he has set it up so that his chart will automatically update as new data becomes available. So if you’re interested in this topic, you should bookmark his post.