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Taxi left event returning in transport system (5,3)

Ross

I believe the answer is:

cable car

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'transport system' is the definition.
The definition and answer can be both man-made objects as well as being singular nouns.
Perhaps they are linked in a way I don't understand?

'taxi left event returning' is the wordplay.
'taxi' becomes 'cab' (synonyms).
'left' becomes 'l' (common abbreviation).
'event' becomes 'race' (race is a kind of event).
'returning' is a reversal indicator.
'race' backwards is 'ecar'.
'cab'+'l'+'ecar'='CABLE-CAR'

'in' is the link.

Can you help me to learn more?

(Other definitions for cable car that I've seen before include "that takes one to Snowdon-like heights?" , "One travelling up" , "Travel system in the mountains" , "Transport used to go up mountain" , "Clear cab for carriage used by ascending skiers" .)

I've seen this clue in The Times.
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