Taxi Cab Service Industry

NAICS: 48531

For additional companies see the Taxi & Limousine Service Industry

Taxi Cab Service Market Share: Largest Companies in the Taxi Cab Service Industry

Company	Headquarters	Revenue ($ MM)
WHITTLESEA-BELL	Reno, NV	100
OWL	St John, FL	79
NEVADA YELLOW CAB	Las Vegas, NV	59
CITY CAB COMPANY OF ORLANDO	Orlando, FL	47
L.J. LEASING	San Diego, CA	33
VIA TRANSPORTATION	New York, NY	29
TR ACCOUNTANTS	Brea, CA	27
RUNNING	Viroqua, WI	23
JOHNSON SCHOOL BUS SERVICE	West Bend, WI	21
ALTO EXPERIENCE	Dallas, TX	19
AAA CAB SERVICE	Phoenix, AZ	19
NELLIS CAB LLC OPERATIONS SERIES	Las Vegas, NV	17
PAR ACQUISITION	Cleveland, OH	16
HOPSKIPDRIVE	Los Angeles, CA	15
IRVING HOLDINGS	Dallas, TX	15
INTRANSIT SALES & LEASING	Omaha, NE	14
UNION CAB OF MADISON COOPERATIVE	Madison, WI	11
HELLO! DESTINATION MANAGEMENT	Orlando, FL	10
WINGS OF MINOT ND	Minot, ND	9

This is a list of the largest companies active in the Taxi Cab Service industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Taxi Cab Service industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Taxi Cab Service Companies

A list of competitors in the Taxi Cab Service industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Taxi Cab Service businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Taxi Cab Service companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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