I came across Sacramento's Velocab. The drivers are independent contractors. They rent the cab and the company cell phone for $5.00 and then hits the street. Fares are $2.00 for the first block and then $0.50 for each block afterwards. All fares go to the driver. (I think the cab owners make their money thru advertising). So the question is, how much money do you think a cabbie earns in an average day? They're only in operation from 10am-6pm, so they can't really cash in on the happy hour or late night crowd.
I wonder how it would go in the snow.
Speaking of snow, more is on the way!!!
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