Taxis are losing business travelers to ride-hailing services like Uber, a survey shows.
In the three months ended in June, Uber overtook taxis as the most expensed form of ground transportation, according to expense management system provider Certify. Uber accounted for 55 percent of ground transportation receipts compared with taxis at 43 percent.
That’s a big jump from just the beginning of the year. In the first quarter, Uber Technologies had 46 percent of receipts tracked by Certify compared with 53 percent for taxis.
Certainly whenever I travel, I always favor Uber over a taxi. In fact, given how much I dislike the whole tipping system and the inconvenience of paying with cash, assuming I'm not in a time-critical situation, I would absolutely opt for a short Uber wait over a taxi that pulled up in front of me.