The fare hike would be the city’s first in a decade. It’s desperately needed to accommodate the “high cost of everything,” from insurance to fuel prices, said Ivan Capifali, the city’s Business Affairs and Consumer Protection commissioner.
Chicago taxicab fares could soon rise by 20% — the first rate hike in a decade — to save a once-dominant industry whose monopoly was, as one City Council member put it, “eviscerated” by Uber and Lyft.
Downtown Ald. Brendan Reilly (42nd) cast the only… [4516 chars]
Source: Chicago Sun-Times | Published: 2026-04-13T21:29:11Z
Credit: Chicago Sun-Times
