THE Land Transportation Franchising and Regulatory Board (LTFRB) said it is opening 20,000 slots for transport operators who wish to register as a transportation network vehicle service (TNVS).
The regulator said in a statement on Monday it started accepting applications yesterday through online registration and will accept applications until Jan. 3.
The board said many of the drivers put forward by transport network companies (TNCs) such as Grab Philippines have yet to move forward with the process of being accredited by applying for a Certificate of Public Convenience (CPC).
It said the slots were opened because there were very few TNVS that went on to acquire a Certificate of Public Convenience (CPC) from the master list submitted by transport network companies (TNCs) to the LTFRB. The CPC is the franchise needed to operate as a TNVS.
“We gave Dec. 15 as the deadline for those on the Masterlist of the TNCs to apply for a Certificate of Public Convenience (CPC). But very few applied for a CPC so the board agreed to once again open online registration,” it said.
The LTFRB opened in August 10,000 slots for TNVS franchises in hopes of filling the 65,000 cap for the common supply base in Metro Manila.
It said on Monday there are only more or less 35,000 TNVS that have a CPC or provisional authority (PA) in its latest count. A PA is given as a temporary franchise for TNVS operators.
Grab Philippines (MyTaxi.PH, Inc.), one of the biggest TNCs in Metro Manila, said last week it has around 33,000 active drivers. Other TNCs that take a share from the common supply base of TNVS are Hype Transport Systems, Inc.; GoLag, Inc.; Owto (iPara Technologies and Solutions, Inc.); E-Pick Me Up, Inc.; SnappyCab (Aztech Solution International Corp.) and RYD Global, Inc.
Two other TNCs are accredited by the LTFRB, Hirna Mobility Solutions, Inc. and Micab Systems Corp., but they offer only taxi-hailing services and do not take up a quota from the TNVS supply base. — Denise A. Valdez