The original Yellow Cab Company based in Chicago, Illinois is one of the largest taxicab companies still in existence. Independent companies using that name (some with common heritage, some without) operate in many cities in a number of countries. Many firms operate with drivers as independent contractors. In some cities, they are operated as cooperatives owned by their drivers.
Related companies include The Hertz Corporation, Yellow Roadway and the Chicago Transit Authority.
None of these fully suited the taxicab industry, so on December 31, 1914 the first Yellow Cab Manufacturing Company Cab was designed, and the Model J was released in August 1915.
Yellow Cab taxicab service was founded by John Hertz in December 1, 1915. The related Yellow Cab and Yellow Truck and Coach Manufacturing Company acquired Walter L Jacobs car rental business. The Yellow Truck Company and rental car business was sold to General Motors in 1926.
Hertz ran the taxicab company until 1929, when he left to found another rental car company, Hertz Rent-a-Car, which still uses a yellow logo as well.
The taxicab company was purchased in 1929 by Morris Markin, who had established Checker Cab Manufacturing Company, with the Checker Taxi, a driver's cooperative.
The company was sold again in 1996.
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"Yellow Cab".
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