Verizon is leveraging its telematics technology to create a connected cab solution for Yellow Cab of Columbus, Ohio. The goal is to streamline operations for the cab company by making it easier for drivers to find and rent their vehicles. Instead of leasing cabs by the day, week or month, drivers will be able to locate and lease cabs in real time using a mobile app. The company is adding an app for drivers to cut administrative costs by facilitating vehicle reservation and tracking. Verizon’s vehicle tracking service is part of a solution the carrier calls Verizon Share. The idea is to help all kinds of enterprises turn vehicle and equipment leasing into a short-term, turnkey activity that does not involve storage or upfront investments.

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