Eric Tipan / U-Hop | March 18, 2016 07:13
Online transport company U-Hop to start operations next month
If you’ve been pleased with the current service of online transport companies like Uber and Grab – enough for you to leave your car at home – then expect their service to improve further as new competition is set to arrive.
As more private cars are taken out of the road with motorists choosing online transport systems for their daily commute, expect about 500 to 1,000 more vehicles to hit the roads as the newest player in the online transport industry U-Hop gets ready to begin operations.
Filipino-owned U-Hop received accreditation from the Land Transportation Franchising and Regulatory Board (LTFRB) last week but will use the next three weeks to get their over 1,000 members and operators ready for the big rollout on April 1, 2016.
“We haven’t started operations yet but we plan to begin on April 1,” U-Hop Vice President for Corporate Communications Mike Manalaysay.
Rates of U-Hop have not been revealed by the online transport company but they claim to have the lowest rates in the industry.
U-Hop will offer taxi service, cars, SUVs and van services as well, all operating under the LTFRB guidelines for Transport Network Companies (TNCs) and Transport Network Vehicle Service (TNVS).
As a come-on to TNVS drivers and operators operating with Grab or Uber, U-Hop is offering to waive their commission on trips for six months.
Currently, the van service of U-Hop is not covered by any TNC regulation and has not yet received clearance with the LTFRB.