LTFRB cracks down on overcharging transportation firms

The LTFRB building in Quezon City. (Photo from Radyo Inquirer)

The government on Thursday warned several transportation network companies (TNCs) for overcharging passengers and ordered one particular ride-hailing app to explain its actions for collecting excessive fares.

The Land Transportation Franchising and Regulatory Board (LTFRB) wrote separate letters to five TNCs—E-Pick Me Up, Ipara, My Taxi PH (Grab), Cloud Panda and Joy Ride, all of which are accredited TNCs of the agency.

In a statement to reporters, the LTFRB reminded TNCs to abide by the board’s 2019 memorandum circular, which sets the fare structure for TNCs. —DEMPSEY REYES