The Current TNVS Supply & Demand Crisis: Grab needs LTFRB’s Help
News Travel and Motoring

The Current TNVS Supply & Demand Crisis: Grab needs LTFRB’s Help

The traffic situation in the Metro is getting worse by the day. Gone are the days that we say “Don’t go out of Friday, traffic is worse. Or, let’s go home past 6PM, after the rush hour“. Today, every day is rush hour.  For car owners, not only the traffic adds a headache to their daily ride, the cost of parking fees are becoming expensive as well.

That’s why when TNVS became popular, Grab specifically, we saw hope. Driving to you meeting became less stressful. By pulling out your smartphones and a few taps, you arrive at your destination like a VIP.

However, there is a supply and demand crisis today.

Grab posted this in their Facebook page recently:

End the wait

Right now, LTFRB limits the number of drivers who serve you.

The number of drivers on the road is covered by their masterlist of 65,000 cars, of which 10,000 have NOT yet been opened. This is a FIXED list where registered cars cannot be replaced if they are not being used. This list has not been updated since July 2017, and assumes that demand has not changed since then.

This means, NO additional cars. Drivers who stop driving cannot be replaced. Getting a ride will be harder than ever.

We know that LTFRB announced that they will start accepting cars not in the masterlist, but this is not enough.
We need consistent and urgent action. We need to remain vigilant.

Let your voices be heard.

Share your thoughts with #EndTheWait

 

The challenge for the TNVS riders to get a booking, most especially during peak hours is becoming a nightmare.

The reason behind is that the government agency handling this limits the number of TNVS drivers.

Supply & Demand Stats

  • Early this year, the LTFRB ordered a 45,000 common supply base of TNVS cars which is less than a third of the 125k currently in operation at that time.
  • The following month, the cap was raised to 65,000 common base. In parallel, the LTFRB, with the support of an independent party and data from Uber and Grab, created a list of 55k vehicles, a number that is currently recognized as the official master list for processing of CPCs and PAs
  • Since then, only 42,000 active vehicles are now left in the system (i.e. 13k gap from vehicles in Masterlist); out of this, 35,000 vehicles (i.e. ~83%) are active daily
  • When Uber pulled out of the Philippines this March 2018, it was estimated that there were around ~50k active vehicles at that time; out of which, around 43k vehicles were active daily (24k from Grab and 19k from Uber)
  • During the transition, around 6,000 Uber drivers are not included in the master list and by LTFRB decision, were not allowed to transfer to Grab, or in any other TNCs for that matter.
  • Also, there are an estimated 2,000 vehicles (and their owners) chose to not join Grab after the Uber pull-out
  • As a result of all of this, the daily active base has gone down to ~35,000 drivers (24k from Grab and 11k from Uber)

As a result, Metro Manila is facing a looming supply crisis. More passengers are waiting for long hours and worse, many are getting stranded on the road because they could not get a ride especially during peak hours.

Given all these figures, the riding public need Grab and other TNVS, to make commuting easy & accessible, in Metro Manila and other fast-growing cities of the country.

And LTFRB, the government agency that handles this case, should help to improve the transport system by working side-by-side with TNVS.

 

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