The Land Transportation Franchising and Regulatory Board (LTFRB) is considering a plan to lower the surge rates of ride-hailing services by as much as 50%.
Transport Network Vehicle Service (TNVS) firms have explained that the surge fee is computed based on the traffic situation, the number of available drivers, and the demand, among others, LTFRB Chairperson Teofilo Guadiz III said.
Guadiz said the LTFRB is looking at cutting the surge fee to as much as 50 percent to help cut down surge rates during rush hour.
The official, quoted by an ABS-CBN News report added that the LTFRB hopes to bring down the flag-down rate for ride-hailing firm Grab to P65 from the current P80.
A decision might be released before Christmas, Guadiz said.
The LTFRB earlier said it has approved at least 5,000 slots for TNVS as it opened applications for special permits in preparation for the Christmas rush.
In a statement, Guadiz said special permit applications covering public utility vehicles (PUVs) will open on December 15, with the permits valid from December 20 to January 4, 2025.
“Like the usual practice, we are opening slots for special permits to ensure that there are ample PUVs that would cater to our riding public during the holidays,” Guadiz said, noting that special permits for the TNVS opened last week. “We have given 5,000 new units for the TNVS,” he added.
The move is consistent with the LTFRB’s mandate to ensure efficient and safe public transportation for Filipino passengers. Guadiz said they are working closely with operators and enforcers to manage the expected increase in passengers during the holiday season.
The LTFRB chief also urged passengers to plan their trips early and remain cautious to ensure a smooth and secure travel experience. As much as possible, he encouraged commuters to use public transportation to help ease traffic congestion.
“Please patronize legitimate public transportation, follow safety protocols, and report any overcharging, overloading, or other violations through our official hotlines and channels,” Guadiz advised.
