Grab to raise temporary fuel surcharge to 90 cents from April 7 to May 31 amid price volatility
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Ride-hailing operator Grab will implement a temporary adjustment, adding 40 cents to its existing 50-cent fuel surcharge, to help its drivers cope with the ongoing fuel price volatility.This was announced on Tuesday (March 31) as Grab introduced a $1.1 millioGrab to raise temporary fuel surcharge to 90 cents from April 7 to May 31 amid price volatility
Ride-hailing operator Grab will implement a temporary adjustment, adding 40 cents to its existing 50-cent fuel surcharge, to help its drivers cope with the ongoing fuel price volatility.This was announced on Tuesday (March 31) as Grab introduced a $1.1 million driver-partner support package to help drivers cope with increased daily operating costs.Grab said its existing 50-cent «driver fee», introduced during earlier periods of elevated fuel prices, will be renamed as a single «fuel surcharge» line item.This means that its passengers will now see a 90-cent line item named «fuel surcharge» in their post-trip receipt.The move, which will entirely go to Grab's driver-partners, does not apply to standard and metered taxi rides.A Grab spokesperson said: "We know that every dollar in the daily budget is being stretched right now, and we don't take the impact of even a small adjustment lightly. Read more
