THE Land Transportation Franchising and Regulatory Board (LTFRB) accredited 14 new transport network companies (TNCs) that are expected to increase competition in the ride-hailing industry to give commuters more options.
THE Land Transportation Franchising and Regulatory Board accredited 14 new transport network companies that are expected to increase competition in the ride-hailing industry to give commuters more options.
Chairman Teofilo Guadiz III said the addition of the new TNCs 'is in line with our mandate to ensure that the riding public continues to benefit from advancements in transportation services.''Aside from the accreditation of these new TNCs, the has also released new transport network vehicle service slots to support the expanding ride-hailing market. This initiative would foster a competitive environment that prioritizes commuter welfare and accessibility,' he said.
Chairman Teofilo Guadiz IIIThe recent accreditation of PureRide Corp. and 13 other TNCs brings the total number of accredited TNCs to 19.Newly accredited TNS include PureRide Corp., UNLA LA Corp., Leggo Information Technology Solutions, Aztech Solution International Corp., Metrohills Transport Association Inc., Hail Transport Inc. and Angkas Technologies.Also on the list are GoCab Corp., Unified Transport Operations League Corp., Peek Up Philippines Corp., Get Express Global Corp.
'will continue to implement policies and programs that support the growth and improvement of the ride-hailing industry.'
Ride-Hailing Apps Get LTFRB Green Light
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