Study: Chicago's taxicab industry disappearing

Chicago cabdrivers struggling to survive in the Uber era are fighting a losing battle, with 40 percent of all medallions "inactive" and hundreds more either in foreclosure or headed there, a new study shows.

The American Federation of State, County and Municipal Employees Local 2500 represents hundreds of cabdrivers and is continuing to organize the others.

To bolster its case, the union asked statistician James Bradach of Nonprofit Data and Applications to analyze countless pieces of information disjointedly made available in on the city's data portal.

His report, "Run Off the Road: Chicago's Taxi Medallion Foreclosure Crisis," shows a surge in medallion foreclosures and a precipitous drop in both taxicab trips and driver income in the three years since City Hall created an unlevel regulatory playing field between taxis and ride-hailing.

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