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Grab commends LTFRB, DoTr for addressing driver concerns with fixed pickup fare
Grab Philippines has welcomed the Land Transportation Franchising and Regulatory Board (LTFRB) and the Department of Transportation (DOTr)'s swift action in implementing a fixed pick-up fare system.
This new system is considered a "compensatory adjustment" designed to balance the temporary reduction in surge pricing during the busy holiday season.
Grab highlighted that the fixed pick-up fare helps to acknowledge the actual costs incurred by drivers in reaching their passengers.
The ride-hailing company had previously communicated concerns about uncompensated travel time and fuel expenses, particularly during heavy holiday traffic.
Grab stated that this adjustment is a significant step towards ensuring fair and equitable compensation for their driver-partners.
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The Land Transportation Franchising and Regulatory Board (LTFRB) will allow Transport Network Vehicle Services (TNVS) to charge passengers for the distance to their pickup point starting December 20.
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The Land Transportation Franchising and Regulatory Board (LTFRB) has revised pick-up fare rules for Transport Network Vehicle Service (TNVS) providers, allowing them to charge passengers for the distance traveled to their pickup point.
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Grab Philippines has expressed concerns that the LTFRB's decision to reduce surge fees for TNVS by 50% could negatively impact driver earnings and the availability of rides, despite respecting the government's objective to alleviate commuter costs.
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