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Cars along EDSA. Mark Demayo, ABS-CBN News

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Cars along EDSA

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<p>MANILA -  An additional 10,000 slots for drivers of ride-hailing services have been opened, the Land Transportation Franchising and Regulatory Board (LTFRB) announced on Wednesday.</p><p>LTFRB Chairperson Teofilo Guadiz III said the 10,000 slots for the Transport Network Vehicle Service (TNVS) program will provide more jobs for Filipinos.</p><p>Guadiz also said he doesn&#x27;t think that adding 10,000 new TNVS units will negatively affect the jeepneys and tricycles since they have different markets.</p><p>“Hindi namin nakikitang makakaapekto ito sa mga jeepney at tricycle drivers dahil iba naman ang market ng mga taong sumasakay sa jeepney, tricycle, taxi, at TNVS,” he explained.</p><p>(We don&#x27;t see it affecting jeepney and tricycle drivers because jeepneys, tricycles, taxis and TNVS have different markets.)</p><p>Guadiz said having more TNVS vehicles can reduce waiting times for passengers and improve overall accessibility, especially in areas with high demand.</p><p>The LTFRB cited an LTFRB study in 2019 saying that Metro Manila needs 65,000 TNVS units.</p><div><a href="https://news.abs-cbn.com/business/2024/3/22/grab-tests-feature-allowing-users-to-hire-professional-drivers-1619">Need a driver? Grab tests feature allowing users to hire professional drivers</a></div><div><a href="https://news.abs-cbn.com/business/2024/2/14/ride-hailing-app-indrive-says-now-compliant-with-ltfrb-1808">Ride-hailing app inDrive says now compliant with LTFRB, hopes suspension lifted soon</a></div><div><a href="https://news.abs-cbn.com/business/01/05/24/new-car-ride-hailing-app-peekup-says-to-launch-this-year">New car ride-hailing app PeekUp says to launch this year</a></div>

<p>LTFRB Chairperson Teofilo Guadiz III said the 10,000 slots for the Transport Network Vehicle Service (TNVS) program will provide more jobs for Filipinos.</p>

LTFRB Chairperson Teofilo Guadiz III said the 10,000 slots for the Transport Network Vehicle Service (TNVS) program will provide more jobs for Filipinos.

LTFRB opens 10,000 slots for ride-hailing vehicles

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LTFRB opens 10,000 slots for ride-hailing vehicles

ABS-CBN News

Published March 27, 2024 05:26 PM PHT

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Updated March 27, 2024 05:27 PM PHT

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LTFRB

TNVS

ride hailing

transportation

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