• GILBERT P. BAYORAN
The management of Vallacar Transit Inc. (VTI) announced on Monday an additional fare increase per kilometer across all routes.
VTI, which operates Ceres Liner passenger buses, explained that the adjustment was mandated by the Land Transportation Franchising and Regulatory Board (LTFRB) following unstable fuel prices in the global market, triggered by the ongoing conflict in the Middle East.
On Sunday, the LTFRB released an updated fare guide for provincial public utility buses, reflecting newly approved provisional increases that took effect on March 14.
Under the updated guide, air-conditioned, super deluxe, and deluxe provincial buses will implement a provisional fare increase of P0.35 per kilometer. Luxury buses will apply a higher adjustment of P0.45 per kilometer, while ordinary provincial buses will raise their base fare by P1.00 and add P0.30 for every succeeding kilometer.
The fare hike officially took effect on March 16, according to VTI management.
In a statement, the company said continuous oil price hikes made it necessary to implement fare adjustments to sustain daily operations. Despite the challenges, VTI emphasized its commitment to providing safe, reliable, and efficient transportation services.
“The fare adjustment will help ensure that our buses continue to operate regularly while maintaining proper maintenance, safety standards, and quality service for our passengers,” the statement read.
VTI added that the updated fare matrix reflecting the new rates will be posted at terminals and inside buses for passenger guidance. | GB
