News and UpdatesIn the NewsSagarbarria to Ceres: settle dispute soon

Sagarbarria to Ceres: settle dispute soon

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Cong. Manuel Sagarbarria has expressed hope that the management dispute rocking the Ceres Bus Company will be resolved soon so as not to disrupt their transport services.

Sagarbarria voiced his concern amid reported plans last week by the drivers and conductors to suspend their operations from Bacolod to Dumaguete and other parts of the country until the management dispute is settled.

Ceres Liner, operated by Vallacar Transit Inc., is the biggest bus company in the Philippines, and operates 4,800 buses and employs some 18,000 workers.

The corporate feud started when four of the children of founder and matriarch Olivia V. Yanson ousted their younger brother Leo Rey as president.

Leo Rey Yanson was replaced by elder brother Roy, and in a press conference early this month, declared that they have taken over the operations of the bus company.

But while the bus firm’s central office in Bacolod was under the control of the four director-siblings, most of the drivers and conductors who belong to the Philippine Agricultural, Commercial & Industrial Workers Union-Trade Union of Congress of the Philippines (PACIWU-TUCP) and its Vallacar Transit chapter, are siding with Leo Rey, who also has the support of thier mother Olivia Yanson, and one other sibling.

“I hope the Ceres Liner operations continue despite the management dispute because if they paralyze their operations, it would be very bad for everybody,” Sagarbarria said.

Sagarbarria said he is concerned about the economic implications of such a scenario. “The operations of Ceres Liner contribute in a very big way to the economy of the two Negros provinces, as well as the other communities that they serve,” he said.

Olivia Yanson wrote an open letter last week to her children who took over the bus company’s operations, and appealed to them to consider the plight of their workers who depend on the company for their survival.

She said the workers are confused whom to obey, and that they fear their jobs would be in danger if they follow instructions from one party.

The Ceres Bus Company reported a P4 billion net income last year. (PR)

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