Tag: TNCs

LTFRB accredits two other TNCs

(Eagle News) — The Land Transportation Franchising and Regulatory Board has accredited two other Transportation Network  Companies. Accredited were Aztech Solution International Inc. and Ryd Global Inc. Based on their certificates of accreditation released to the media, the accreditation will be effective for two years from the date of approval. The certificates were signed by LTFRB chair Martin Delgra III and Board Member Ronaldo Corpus. They were attested to by LTFRB executive director Samuel Jardin.

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LTFRB allows TNCs to impose P2 per minute of travel time charge on their passengers

(Eagle News) — The Land Transportation Franchising and Regulatory Board has allowed Transport Network Companies to impose a P2 per minute of travel time charge on their passengers as part of the TNCs’ fare structure. In lifting the suspension on the imposition of the charge, the LTFRB, through  Memorandum 2018-019, said there was a “need to rationalize and adjust the fare structure for (Transport Network Vehicle Services) in order to maintain its viability.” The LTFRB said […]

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