Connect with us

News

LTFRB eyes increase in number of Grab, Uber units

Published

on

The Land Transportation Franchising and Regulatory Board (LTFRB) is eyeing to increase the number of transportation network vehicle services (TNVS) units amid rising passenger demand.



 (ShutterStock)

The Land Transportation Franchising and Regulatory Board (LTFRB) is eyeing to increase the number of transportation network vehicle services (TNVS) units amid rising passenger demand.



 (ShutterStock)

MANILA — The Land Transportation Franchising and Regulatory Board (LTFRB) is eyeing to increase the number of transportation network vehicle services (TNVS) units amid rising passenger demand.

The Department of Transportation (DOTr) said it would create a team to evaluate the number of request bookings per day and the number of served and unserved rides of transportation network companies (TNCs) Uber and Grab.

The data gathered will be used to come up with a set number for the TNVS units, I-ACT spokesperson and LTFRB board member Aileen Lizada said.

This comes as the DOTr ordered the LTFRB to review certain provisions stated in LTFRB Memorandum Circular 2018-003 which limits the common supply base of TNVS units in the country to 45,700.

“The decision to review the number is based on the fact that there are some TNVS units subject to coding. There is a market for this kind of denomination,” Lizada said in a text message to reporters Monday.

“Tuloy po ang pag-process (The processing will continue) but the number is not pegged at 45,000. We are eyeing to increase the units,” she added.

The LTFRB has said that it will start accepting applications for new TNVS units on Feb. 5, 2018.

DOTr and LTFRB will start monitoring within the next few weeks the number of booking requests received by TNCs to include served and unserved requests as well as other factors affecting the supply of TNVS such as number coding, maintenance schedules, and working hours of drivers in order to determine an objective number for the common supply base which will likewise be based on the official list of accredited TNVS as submitted by TNCs such as Grab, Uber and U-Hop to LTFRB.

“We assure you that should there be adjustments in the common supply base as a result of the review, the decision would be based on the actual data from the different TNCs through DOTr study and consultations with the public at large,” the DOTr said in a statement.

Under LTFRB Memorandum Circular 2018-003, the common base of 45,700 TNVS units are broken down as follows:

Metro Manila — 45,000 TNVS units

Metro Cebu — 500 TNVS units

Pampanga — 200 TNVS units

The cap on TNVS units was determined from relevant data given by the leading TNCs, taking into consideration churning rate, percentage of full-time and part-time TNVS, peak and off-peak hours and average daily bookings, among others.

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

Bamban, Tarlac Mayor Alice Guo Bamban, Tarlac Mayor Alice Guo
Headline11 hours ago

PAOCC files human trafficking case vs. Bamban mayor

MANILA – The Presidential Anti-Organized Crime Commission (PAOCC) and the Philippine National Police-Criminal Investigation and Detection Group (PNP-CIDG) on Friday filed...

News12 hours ago

PBBM names new officials in OP, DepEd, PRC

MANILA – President Ferdinand Marcos Jr. has appointed a new set of officials in various government agencies, according to a list...

people in Italy people in Italy
News13 hours ago

Italy’s fertility rate among lowest in OECD

ROME – Italy’s Total Fertility Rate (TFR) is among the lowest in the Organization for Economic Cooperation and Development (OECD) area,...

Parliament Hill Parliament Hill
Canada News13 hours ago

Foreign aid can help strengthen the economies of donor countries by boosting business

Support for foreign aid is dwindling in many developed countries, including Canada. Reflecting this trend, a recent survey found 59...

flipping book pages flipping book pages
Arts14 hours ago

Summer reading: 4 books on well-being that you can rely on

In a survey examining views on health and well-being, almost all Canadians responding reported wanting to improve their personal well-being....

students kids using mobile phone students kids using mobile phone
Education14 hours ago

Social media warning labels and school cell phone bans: Do they unlock better youth mental health?

This week, the U.S. Surgeon General Dr. Vivek Murthy called for health warnings on social media for younger users. This...

Kim Jong Un and Vladimir Putin Kim Jong Un and Vladimir Putin
News14 hours ago

Ukraine recap: Putin love-in with Kim Jong-un contrasts with western disarray over peace plan

Hotfoot from signing a security pact with North Korea on Wednesday, Vladimir Putin has popped up in Vietnam, another of...

Health14 hours ago

Should we ditch BMI and use the ‘body roundness index’ instead?

Body mass index (better known as BMI) has long been used to get a quick and easy snapshot of a...

People Holding a Key People Holding a Key
Business and Economy14 hours ago

More people are taking a mortgage over 40 years – what this means for young people’s finances

My generation of baby boomers in the UK generally grew up with reasonable expectations of buying a home in our...

woman looking at grocery list woman looking at grocery list
News14 hours ago

How the UK’s social security system stopped tackling poverty

The cost of living is the most important issue for many voters this election. It’s no surprise why. In 2022,...

WordPress Ads