LTFRB accredits 14 new transport network companies

The Land Transportation Franchising and Regulatory Board (LTFRB) over the weekend said it has given the go signal for 14 new transport network companies (TNCs) to operate in the country, on top of the five firms which have been renewed.

According to LTFRB chairman Atty. Teofilo Guadiz III, the agency accredited the additional TNCs, and released new transport network vehicle service (TNVS) slots to address the expanding demand of the ride-hailing market.

“(This) is in line with our mandate to ensure that the riding public continues to benefit from advancements in transportation services,” he said in an advisory released Sunday.

“This initiative underscores our commitment to fostering a competitive environment that prioritizes commuter welfare and accessibility,” he added.

The 14 new TNCs are Angkas Technologies, Aztech Solution International Corp., Get Express Global Corporation, GoCab Corp., Hail Transport Inc., Leggo Information Technology Solutions, Metrophills Transport Association Inc., Para Xpress Technology Services Inc., Peek Up Philippines Corporation., PureRide Corporation, RL Soft Corporation, Taxsee Philippines Inc., Unified Transport Operations League Corp., and UNLA LA Corporation.

The LTFRB also renewed the accreditation of Cloud Panda PH Inc., E-Pick Me Up Inc., Grab Philippines, Hirna Mobility Solutions Inc., and Joyride E-Commerce.

Guadiz said the LTFRB will work closely with all the accredited TNCs to monitor compliance with regulations, and ensure that the highest quality of service is given to the riding public.—RF, GMA Integrated News