TT RideShare raising fares

Home*Cover Story*News

TT RideShare raising fares

Persons who use the TT RideShare app will soon be forking out more money to be transported.

The TT RideShare Limited has announced that come Friday, 9th December, rates will be adjusted upwards.

In a statement, they said: “Since our launch in 2018, we have seen multiple increases in the price of gas locally with little change to our fare structure. Over the years we have subsidised driver earns through various Driver Incentive Programs to maintain the affordability of rides while maintaining fairness and equitable earnings for our Driver Partners.

Incentive Programs have worked very well to encourage productivity and augment driver turnout however, the feedback received from our Driver Partners is very important and we are cognisant of the challenges faced within the industry.”

TTRS added: “It is our hope that our New Fare structure, will ease the burdens of increased costs our Driver Partners have incrementally shouldered, yet still maintaining an affordable and efficient service to our valued Riders.”

According to the new fare structure, the base fare has been increased from $12 to $16 for Regular rides and from $20 to $22 for Preferred and Regular Plus rides.