Manila: The Land Transportation Franchising and Regulatory Board (LTFRB) is consolidating all fare increase petitions for public utility vehicles (PUV) as part of its efforts to clear the more than 37,000 filed petitions and motions. LTFRB Chair Vigor Mendoza II stated that some PUVs have ceased operations due to the economic inviability of their routes.
According to Philippines News Agency, LTFRB data indicates that at least five major transport groups have submitted petitions seeking fare increases of up to PHP5, with an additional PHP1 for every subsequent kilometer. Acknowledging the challenges faced by the PUV sector, Mendoza highlighted the rising costs of fuel, goods, and spare parts over the past year as significant factors affecting operations.
To address these issues, the LTFRB has already implemented a PHP1 provisional fare increase and provided fuel subsidies from the national government. Mendoza emphasized the need for a comprehensive assessment of all issued franchises to determine operational status, following observations by Department of Transportation (DOTr) Acting Secretary Giovanni Lopez regarding public transportation shortages.
In conjunction with reviewing fare petitions, the LTFRB is investigating the potential correlation between PUV shortages and operational challenges. Mendoza has directed all LTFRB regional directors to conduct public consultations on fare increases and to submit their findings by November 14. These analyses and recommendations will be presented to Secretary Lopez by November 17.