This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

SFMTA Moves Forward With Comprehensive Taxi App Data

SAN FRANCISCO, March 22, 2013 /PRNewswire/ -- The Board of Directors of the San Francisco Municipal Transportation Agency (SFMTA), which manages transportation in the city, including the regulation of taxis, this week approved legislation that will require all taxicabs in San Francisco to allow the installation of equipment that will collect and provide real-time location and occupancy data to smart phone application developers. Vendor Frias Transportation Infrastructure's (FTi) proprietary RideIntegrity system will use this equipment to create a single authoritative data stream that will provide the traveling public quicker and easier access to taxis.

"Taxis are a vital part of San Francisco's transportation system," said Tom Nolan, Chairman of the SFMTA Board of Directors. "This is another investment in the future of transportation in our city. Improving existing service will not only enrich our current customers' experience, but also help further our commitment to San Francisco's Transit First policy by attracting additional taxi customers."

"Innovation is a key component to our overall efforts to improve San Francisco taxi service," said Ed Reiskin, SFMTA Director of Transportation. "By putting real-time information in the hands of the public we will improve the taxi experience for our customers, while ensuring that the industry can grow with advancing technology."

The FTi RideIntegrity system will be used to create the SFMTA's Electronic Taxi Access system, which is intended to provide public access to all San Francisco taxis through smart phone and internet platforms. The legislation requires all motor-vehicle-for-hire permit holders to cooperate with implementation of the ETA System, including those with dispatch service permits and color scheme permits.

"RideIntegrity is a unique, first-of-its-kind technology for the for-hire-vehicle industry," said Mark James, President and CEO of FTi. "We see our program with the SFMTA as a major stepping stone in proving the efficacy and versatility of using real-time data to maximize current resources to effectively regulate, manage and mitigate common problems in the for-hire industry."

The SFMTA will be able to use this powerful tool to analyze taxi service trends by identifying areas of the city and time periods when there is too much service or not enough. This will help the Agency in its regulatory capacity provide the city and the taxi industry better taxi service data to better manage service. It will also provide information for improved customer service follow up and, eventually, on-street inspections.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs