SET announces temporary reduction of bus fleet in São Luís after increase in diesel prices
The bus fleet in São Luís is set for temporary reduction due to a significant increase in diesel prices by approximately 25%.
On October 10, 2023, the Union of Passenger Transport Companies of São Luís (SET) announced a temporary reduction in the bus fleet operating in the Brazilian capital. This decision comes in response to a sharp rise in diesel prices, which increased by about 25% in the past week, making it financially unfeasible to keep the entire fleet operational. The SET highlighted that external economic factors are driving up public transport costs, especially due to global geopolitical instability that has led to record fuel prices.
The SET mentioned that the precise number of buses that will cease operation has not yet been disclosed. This reduction in service indicates the financial struggles faced by transport companies in maintaining their operations amid soaring fuel costs. The ongoing dialogue between the SET and the São Luís City Hall is aimed at finding ways to mitigate the adverse effects on public transport services for residents.
As a result, commuters in São Luís may experience longer wait times and reduced service availability, which could significantly impact daily transportation for many. This situation highlights broader economic challenges faced by the public transport sector, reinforcing the urgent need for viable solutions to stabilize transport costs and ensure reliable service in metropolitan areas such as São Luís.