Yellow Cab Company

Yellow Cab Company
Company typeSubsidiary
Founded1907; 117 years ago (1907)
FounderJohn D. Hertz Walden W. Shaw
Defunct2015 (2015)
FateSplit into multiple companies upon bankruptcy
Owner
  • Chicago Yellow Cab Company (1925–1929)
  • Morris Markin (1929–1996)
  • Patton Corrigan (1996–2005)
  • Michael Levine (2005–2015)
Chicago yellow cab

The Yellow Cab Company was a taxicab company in Chicago which was co-founded as the Walden W. Shaw Livery Company in 1907 by Walden W. Shaw and John D. Hertz.[1][2] The Yellow Cab Company's rapid growth in the late 1910s and 1920s innovated a new kind of taxi company, one which covered the entire city limits, promising a cab to any address in ten minutes or less. In establishing its service, the Yellow Cab Company developed many of the procedures and safety protocols that would be adopted by taxi companies around the country. The company's meteoric success also invited bitter competition on the city's streets, leading to a period known as the "Taxi Wars." During the Depression, Morris Markin, owner of Yellow Cab's rival Checker Cab Mfg. Company, significantly consolidated ownership of the city's taxi companies, putting an end to the violence.[2] Yellow Cabs remain on the city's streets today, though ownership was split between multiple companies upon its declaration of bankruptcy in 2015.

  1. ^ Cite error: The named reference yellowhist was invoked but never defined (see the help page).
  2. ^ a b Morrissy, Anne (March 5, 2024). Street Fight: The Chicago Taxi Wars of the 1920s. Lanham, MD: Lyons Press. ISBN 978-1-4930-6867-8.{{cite book}}: CS1 maint: date and year (link)