Tag: TNVS
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TNVS Fare Hike on the Horizon as LTFRB Approves Pickup Rate Inclusion
TNVS Fare Increase on the Table as Regulators Move to Include Pickup Rates Manila, Philippines – A group representing TNVS drivers and riders is warning that fares could go up following a regulatory decision by the Land Transportation Franchising and Regulatory Board (LTFRB). The agency has approved the inclusion of rates for the pickup of…
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TNVS fares may rise as group warns after LTFRB ruling
What happened and why it matters Fares collected by transport network vehicle service (TNVS) drivers could be headed upward following a recent move by the Land Transportation Franchising and Regulatory Board (LTFRB). The agency approved the inclusion of pickup-rate components that could influence how ride prices are calculated for passengers using TNVS platforms. The development…
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TNVS fares may rise as LTFRB approves pick-up rate inclusion, warns group
TNVS fares could increase after LTFRB action Fares collected by drivers of transport network vehicle service (TNVS) units may go up following the Land Transportation Franchising and Regulatory Board’s (LTFRB) approval to include passenger pick-up rates in the official fare matrix. The move, intended to standardize pricing and protect both drivers and commuters, has sparked…