Bowling Green is the fourth most populated city in the state.

Now those residents are without a cab company.

Owners of Yellow Cab closed its doors at 5:30a.m. July 26th, and even handed some drivers their final paycheck.

Now everyone that's been a part of the cab service is trying to figure out what to do next.

"We were in a pinch to begin with and this broke the camel's back," said Joe Boyd, co-owner of Yellow Cab in Bowling Green.

Boyd and his family bought the Yellow Cab Company three years ago, and now their business that served so many is finished.

"It's because of increased costs and some changes that's been made since July 1st. We just couldn't hold it together," he said.

Boyd says gas prices and insurance costs, and one major change he can't comment on caused his company to go bankrupt, putting some 70 drivers out of work.

"I've got to find another job, even though I really enjoyed driving the cab. I've got to find a whole new job and start all over again," said George Churchwell, a driver with Yellow Cab.

Churchwell was just one of many Yellow Cab drivers in line at the unemployment office today, looking for some kind of new start.

"Just basically anything to get me through the day, and get me through the rest of this thing," Churchwell said.

"A lot of our drivers have been here for quite a few years, and that's all that a lot of our drivers know is the taxi business," Boyd added.

Just like Boyd and the rest of his family, who aren't sure what to do next.

"We have no idea. Taxi cabs are what my family's been in. I have no idea," he said.

But even though he's scared and nervous for the future, he's also apologetic to the community.

"When we bought the company, we bought it to try to help Bowling Green--and we've failed Bowling Green," Boyd said.

Boyd says they are no immediate plans for another cab service in Bowling Green that he knows of.

Yellow Cab is now in the hands of a bank, but Boyd says he hopes someone will step up and purchase the company and put some good people back to work.