The Land Transportation Franchising and Regulatory Board (LTFRB) is revving up the motorcycle taxi industry. The agency recently accredited four new Transport Network Companies (TNCs) in a bid to expand the ongoing program.
The new players bring a significant boost to the program, adding 8,000 riders to the existing pool in Regions III and IV. The LTFRB previously allowed three companies – Angkas, JoyRide, and MoveIt – to operate motorcycle taxis for a six-month pilot period starting June 2019.
LTFRB Chair Teofilo Guadiz III emphasized the agency’s commitment to a thorough evaluation of the program. By incorporating these new TNCs and riders, the LTFRB aims for a more comprehensive assessment. This expansion allows them to gather data from a wider range of participants and operating environments.
The five-year motorcycle taxi pilot program remains ongoing. The addition of these new players signifies the LTFRB’s recognition of the industry’s potential and its commitment to ensuring a well-rounded evaluation before making permanent decisions.
Via: Inquirer
Source: LTFRB Facebook
Image: PNA photo by Jess M. Escaros Jr.
