Home Business World Experience-hailing corporations search P15 base fare hike from LTFRB

Experience-hailing corporations search P15 base fare hike from LTFRB

Experience-hailing corporations search P15 base fare hike from LTFRB

Sharing is caring!


By Arjay L. Balinbin, Senior Reporter

DRIVERS of ride-hailing companies have urged the Land Transportation Franchising and Regulatory Board (LTFRB) to right away act on their petition to extend base fares by P15 as pump costs proceed to soar.

The LTFRB has but to behave on the petition filed by the transportation community automobile service group for a P15 improve of their base fares in November, group spokesperson and co-founder Saturnino F. Mopas informed BusinessWorld in a cellphone interview. 

The group is a coalition of drivers for ride-hailing apps and companies with 25,000 members nationwide, Mr. Mopas mentioned.

Charges differ relying on the automobile sort. The flag down price is as a lot as P40 for automobile sedans and as a lot as P50 for premium Asian and sport utility autos. For hatchback or sub-compact vehicles, the flag down price is as a lot as P30.

Mr. Mopas mentioned there’s a want for a fare hike to permit drivers to deal with the “spiraling will increase” within the costs of gasoline and primary items.

“Even spare components and the price of automobile companies are actually growing, so we determined to ask for a fare improve,” he mentioned.

He mentioned the LTFRB heard their petition final week, however negotiations proceed. Seize Philippines, a transport community firm, is instantly negotiating with the LTFRB.

A transport community firm “gives pre-arranged transportation companies for compensation utilizing an internet-based know-how utility or digital platform know-how to attach passengers with drivers utilizing their private autos.”

Transportation community automobile service firms are accredited automobile homeowners who provide door-to-door companies. 

Mr. Mopas mentioned the LTFRB ought to resolve expeditiously on the petition as a result of gasoline costs proceed to rise, affecting their professionalfitability.

Pump costs went up for an 11th straight week on Tuesday. Gasoline retailers raised gasoline and diesel costs by P7.10 and P13.15 per liter, respectively.   

Mr. Mopas  mentioned the P15 improve within the base fares ought to be sufficient to cowl the upper gasoline prices so long as drivers can take extra rides.

The 25,000 energetic transportation community automobile service drivers presently are solely “round 40%” of the whole earlier than the pandemic, in keeping with Mr. Mopas. Many drivers had been affected by the strict lockdowns carried out in the course of the pandemic.

Seize Philippines introduced final week that it has allotted P25 million for its “Associate Help Fund” this yr.

The LTFRB has but to answer a request for remark as of press time.

A number of transport teams have additionally filed petitions to lift the minimal jeepney fare to P14-P15, from the present P9 within the Nationwide Capital Area.

Socioeconomic Planning Secretary Karl Kendrick T. Chua earlier mentioned elevating jeepney fares by P1.25 will already add 0.4 proportion level to inflation.

Leave a Reply

Your email address will not be published.

20 − 4 =

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.