The chief executive of the taxi group that operates the 13cabs network and the Cabcharge payments processing system blames a flood of Uber drivers for contributing to serious traffic congestion on Sydney roads.
But Andrew Skelton says traditional cabs will eventually win the war against ride-sharing services, pointing to a 12 per cent rise in overall revenue for the company.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com