The number of bankruptcies and closures of taxi companies is at a record high, with 82 cases expected in 2024, with more than 40% due to “labor shortage”, and rising fuel costs will also be a contributing factor.

The number of bankruptcies and closures of taxi companies is at a record high, with 82 cases expected in 2024, with more than 40% due to “labor shortage”, and rising fuel costs will also be a contributing factor.



According to a survey by Teikoku Databank, there will be a total of 82 bankruptcies, suspensions, and dissolutions of taxi businesses in 2024, the highest number ever, exceeding the 73 in 2019. More than 40% of the reasons were due to “labor shortage”.



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