EditorialsYoda Advice

LTFRB Wants To Cut Down Number Of TNVs From 125,000 To 45,000

That’s more than half the number

The Land Land Transportation Franchising and Regulatory Board is decreasing the number of Transport Network Vehicles from 125,000 to just 45,000.

That’s the aim of their Memorandum Circular No. 2018-03 released Thursday, January 18. Both Uber and Grab will have to share the 45,000 total allowed TNVs on the road. Currently Uber has around 70,000 units, while Grab has 55,000.

LTFRB Aileen Lizada clarified that around 45 to 50 percent of the registered units are dual citizens, or vehicles that switch between Grab and Uber.

The memorandum takes effect on Feb. 3.

“The numbers we arrived at were based on the data given to us by both TNCs, considering yung dual citizenship, part time, full time, number of bookings, as well as yung mga churning rate,” Lizada said.

“We have steered away from the exclusivity ng mga TNVS. So if you are granted a franchise of a TNVS, pwede ho kaying magpa-accredit sa lahat,” Lizada added.

 

John Nieves

John is a veteran technology and gadget journalist with more than 10 years of experience both in print and online. When not writing about technology, he frequently gets lost in the boonies playing soldier.

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4 Comments

  1. Atty Lizada (LTFRB) = Atty. Bong Suntay (may Taxi business) = BFFs

    Obvs na obvs naman kung bakit hate nila ang mga TNVs at kung anu-anong butas ang hinahanap nila para ibagsak ang Uber at Grab.

  2. Mababawasan na mga sasakyan kaya bibili na lang kami ng isa pang sasakyan pang coding tutal maliit lang naman yung increase sa price dahil sa TRAIN. Thanks LTFRB lol. ^___^

  3. Totoo kayang nag resign na si atty lizada sa LTFRB? Bakit kaya? Napahiya sa 2000cc requirement nya? Hehehe… Tanong lang…

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