What happens when Taxi companies charge drivers high lease rates?
Apparently, drivers drive way too many hours, according to the Public Utilities Commission. Denver's Channel 9 reports that all three corporate cab companies, excluding the driver's cooperative of Union Cab, stand accused of violating the so-called "80-in-8" rule, meaning drivers have been found to be driving more than 80 hours in eight consecutive days.
To be fair, it's not the driver's fault. Facing weekly lease rates of sometimes more than $900, drivers have to work long hours, since they don't make a dime until they pay The Man. But is that safe? Having drivers on the road so long? And is it fair to the drivers and their families?
Since Mile High Cab is owned by the drivers, they just need a weekly lease rate that pays operating expenses. They don't have to pay off shareholders, or in the case of Yellow Cab, a corporation based back in France. Mile High drivers would pay only $250 a week, so they can make a living driving legal hours.
Why wouldn't that be better, PUC?