LTFRB
Proper noun
Meaning
LTFRB
(Philippines) Initialism of Land Transportation Franchising and Regulatory Board.
Examples
According to the LTFRB, authorized traditional PUJs will be allowed to operate even without a special permit provided that they are roadworthy and have a valid Personal Passenger Insurance Policy.
According to the LTFRB, the additional units will ply the six UV Express routes and two provincial bus routes to be opened based on its Memorandum Circular (MC) 2020-074 and 2020-075.
All buses that would travel in modified provincial bus routes would be subject to regular monitoring, the LTFRB added.
In a press briefing Thursday, LTFRB Chairman Martin Delgra III said there was no thorough roadworthiness inspection of Dimple Star’s bus units when he inspected its terminal in Cubao, Quezon City.
The LTFRB also reconsidered and approved the deployment of hatchbacks, and in turn, the TNCs agreed that these types of units will charge lower rates.