Stock Markets

Franchises of PUVs in commonwealth under review

Franchises of PUVs in commonwealth under review – BusinessWorld Online


      
      
      
      
      








PHILIPPINE STAR/RYAN BALDEMOR

THE Department of Transportation (DoTr) has directed the Land Transportation Franchising and Regulatory Board (LTFRB) to review the franchises of public utility vehicles in Commonwealth Avenue in Quezon City.

Transportation Acting Secretary Giovanni Z. Lopez said that more than 3,000 PUVs are registered to operate along the Commonwealth area but fewer units or about a thousand units are only operating this route.

“There are about 3,972 PUVs registered to operate in this area but it seems that there are fewer units operating here. The LTFRB must check if those who were given franchise are operational,” he said.

Mr. Lopez said franchisees who are operating should have their franchise revoked and give to those who are willing to operate in the area to address the lack of PUVs amid the worsening lack of public transportation and to service more commuters in the area.

Further, the Transport chief said the LTFRB has until Friday to assess the situation and recommend solutions to the DoTr to address the lack of PUVs in the Commonwealth area. — Ashley Erika O. Jose

CEDTyClea





You May Also Like

Stock Markets

Pedestrians along the Estrella-Pantaleon Bridge are dwarfed by the towering buildings in Makati City, Dec. 5, 2022. — PHILIPPINE STAR/MIGUEL DE GUZMAN THE Department...

Finance

Prime Minister Keir Starmer is tightening control over the government’s economic strategy by strengthening a cross-government Budget Board that will shape the Autumn Statement...

Finance

Formula 1 drivers Isack Hadjar and Liam Lawson of the Visa Cash App Racing Bulls (VCARB) team have taken an unusual step to thank...

Finance

A new player in football talent management has entered the game. M+C Saatchi Football, co-founded by former England and Liverpool midfielder Jamie Redknapp, officially...

Exit mobile version