MANILA - MANILA - More than a hundred drivers of ride-sharing services gathered in Quezon City on Sunday and held a motorcade and noise barrage to demand the restoration of a P2 per minuted charge that regulators suspended in April.

From Sgt. Esguerra St., the drivers rode to the offices of the Land Transporation Office (LTO) and Land Transportation Franchising and Regulatory Board and beeped their horns repeatedly.

The drivers, who mostly worked for transport network company Grab, said the suspension of the P2 per minute charge was unfair as fuel prices had risen sharply.

Winson Esteras, president of the coalition of transport network vehicle service (TNVS) providers said they lost up to 40 percent of their earnings after the LTFRB suspended the P2 per minute charge. He said this has led to a shortage of ride-sharing vehicles.

"Mababa supply ng unit sa Metro Manila. Masyado mababa ang kinikita. Ang gas tumataas pero ang bayad sa amin mababa pa rin," Esteras said.

The group said that if the P2 per minute charge is restored, more TNVS drivers will be enticed to offer ride-sharing services again. - Report from Kevin Manalo and April Rafales, ABS-CBN News