THE Land Transportation Franchising and Regulatory Board (LTFRB) said on Tuesday that it will study the petition filed by several transport groups to charge jeepney and bus...
THE Land Transportation Franchising and Regulatory Board said on Tuesday that it will study the petition filed by several transport groups to charge jeepney and bus passengers a surge fee during rush hours.In a statement, the LTFRB said it understands the arguments raised by the transport groups, especially that the concern is to increase earning of drivers and conductors.
The surge fare would be reportedly be charged between the morning rush hours from 5 a.m. to 8 a.m. and from 5 p.m. to 8 p.m. or the afternoon/evening rush hours.In their petition, the transport groups said the surge fare will help cushion the impact of the rising price of diesel.On Tuesday, oil companies implemented a P2.70 per liter increase in the price of diesel. This is the second week that a big oil price hike was implemented.
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