Grab attributes surge rates to inadequate supply of cars on the road in LTFRB hearing

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Grab attributes surge rates to inadequate supply of cars on the road in LTFRB hearing
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Grab was called by the Land Transportation Franchising and Regulatory Board to explain the higher fares and surge rates that commuters have been experiencing with their rides. | via philstarlife

Are your Grab fares getting pricier lately? Grab was called by the Land Transportation Franchising and Regulatory Board to explain the higher fares and surge rates that commuters have been experiencing with their rides.

The LTFRB issued a show cause order against the ride-sharing company, with its first hearing set on Dec. 6. During the hearing, the government agency was asked by commuter groups to clearly define when Grab could set its surge rates. "'Yon nga po 'yong gusto malaman, kailan po tayo magsu-surge?" said LTFRB Executive Director Robert Peig."Dapat nga po mag-control."that the LTFRB allows the transport network vehicle service to add surge rates when there are fewer cars on the road.

"LTFRB has already imposed a maximum of 2x that has been in place for a number of years," Dela Vega said, adding that to accommodate the demand this Christmas season, Grab would need 10,000 more units.

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