I broke out in a cold sweat when I heard about the possibility of Uber and Grab ceasing its public transportation services and I’m sure you felt that same wave of panic. Land Transportation Franchising and Regulatory Board (LTFRB) may not be stopping Uber and Grab completely, but they sure are making it harder for them to operate.
By July 26, LTFRB will be apprehending ride-sharing accredited drivers if they do not have the certificate of public convenience.
They will face a P120,000 fine and their cars will be impounded for at least three months. This happened after they imposed a P5-million fine on Grab and Uber.
The representatives of both ride-sharing companies admitted to listing thousands of accredited drivers even if these drivers do not have the franchises to operate from LTFRB. According to Inquirer.net, they are now required to “cease dispatch of operations of these drivers by July 26.”
Based on LTFRB’s records, roughly 3,700 ride-sharing drivers are registered and authorized to operate, but Grab and Uber has about 56,000 drivers accredited under their companies.
How will this affect us? 3,700 drivers to share with the number of demand these apps get every day means it will be harder to book a ride, especially during rush hour and when you need it the most.
Enter another panic attack.
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