According to a press release: "Yellow Cab got its start in Memphis in 1856, when Patterson Transfer & Storage Company started business here, transporting passengers by stagecoach. In 1926, the company purchased the Yellow Cab Company, which consisted of a fleet of 50 cabs, 26 Drive UR-Self cars and four trucks. The company later split into two different companies, Patterson Storage and Yellow Cab, both of which are still going strong today."