LTFRB revives fixed TNVS pick-up rate amid cost concerns

MANILA, Philippines — The Land Transportation Franchising and Regulatory Board (LTFRB) on Sunday said it has revived the implementation of fixed pick-up fares for Transport Network Vehicle Service (TNVS) units over concerns about the sector’s operating costs. According to LTFRB Chairperson Vigor Mendoza II, the revival of LTFRB Memorandum Circular 2025-058 aims to serve as