LTFRB: No taxi fare surges

The Philippine Star - - METRO - By EM­MANUEL TU­PAS

There will be no price surg­ing in the pro­posal to ad­just taxi fares, un­like trans­port net­work com­pa­nies (TNCs) Uber and Grab, The Land Trans­porta­tion Fran­chis­ing and Reg­u­la­tory Board (LTFRB) said yes­ter­day.

LTFRB board mem­ber and spokesper­son Aileen Lizada said while the fare struc­ture they are propos­ing is dif­fer­ent from the cur­rent sys­tem for taxis, she said there is sud­den surge in fares dur­ing times of high de­mands for rides.

“There will be no price surg­ing for the taxi de­nom­i­na­tions,” Lizada said in an au­dio mes­sage.

LTFRB Chair­man Martin Del­gra III said dur­ing a Se­nate hear­ing they have agreed to ad­just the taxi fares to make it at par with the rates of Uber and Grab.

Un­der the ex­ist­ing fare struc­ture, the flag­down rate for taxis is P40 cov­er­ing the first 500 me­ters, with P3.50 for the suc­ceed­ing 300 me­ters. An ad­di­tional P3.50 is added for a wait­ing time of two min­utes.

Lizada said in their pro­posal, the flag­down rate is still P40. How­ever, in­stead of the added a cer­tain amount for ev­ery 300 me­ters, the pric­ing will be on a per kilo­me­ter ba­sis. There will be another amount for the wait­ing time.

“The fare will now be P40 plus the amount times num­ber of kilo­me­ters and amount times the num­ber of min­utes,” said Lizada.

Lizada said amount be­ing con­sid­ered for ev­ery kilo­me­ter and run­ning time will be re­flected in a de­ci­sion that the LTFRB is ex­pected to re­lease by the end of the month.

The me­ters of all taxi units will need to be cal­i­brated first be­fore the fare struc­ture takes ef­fect, she said.

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