Word: cab
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Before hailing a cab in Cambridge, potential customers might want to check their pockets for extra change...
...Cambridge License Commission raised cab fares last Monday for the first time in nine years...
...With the increased cost of insurance, vehicles, and maintenance, the increase was well-deserved," said Joseph W. Silva, manager of the Yellow Cab and Ambassador Brattle Cab companies...
...Cab drivers seemed to agree with Silva, citing higher insurance rates as their main concern. Patrick Jean-Charles, a driver for the Yellow Cab company, said his annual insurance rates rose from $1700 to $5700 over the past five years...
...would say it's at least $6000-$7000 a year," Steve Fry, an agent for Security Insurance Agency, said. "The insurance companies are merciless toward cab drivers...