Taxi fare hike coming for San Fernando to Port of Spain route
The San Fernando to Port of Spain Taxi Association has announced that the taxi fare will be increased from $17 to $22 effective May 25, in light of the Public Health Regulations, which limits the number of passengers a licensed motor vehicle is permitted to transport.
In a public advisory posted to its Facebook page on Tuesday, the Association said it has been faced with no other alternative.
President of the Association Kenneth Williams said taxi drivers are no longer able to absorb the cost of financing their vehicles, as well as the high cost of maintaining their vehicles while being compliant with the regulations.
"This rate increase has proven to be inevitable as the increased fare does not result in an increase in profits, but in fact only compensates for the reduction of passengers we are allowed to carry in this unprecedented economic climate. Further, our plight is intensified by the fact that fuel prices have increased on three occasions in the last five years. The Association has not increased their fare since 2015."
The Association added that it is aware that that the rate increase may prove to be challenging and apologised for the short notice provided.
According to the latest regulations, all public transport vehicles are required to continue operating at 50 percent capacity.
On Saturday, Prime Minister Dr Keith Rowley announced that a one-time payment of a $2000 fuel support grant will be made available for registered maxi-taxi and taxi operators.