As of Oct 9, a total of 2,723 applications for Certificate of Public Convenience of trucks for hire were ready for release by the Land Transportation Franchising and Regulatory Board (LTFRB).
LTFRB said most applications have been forwarded for release to its Information Systems Management Division since September 25.
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LTFRB chairman Winston Ginez earlier told PortCalls the agency is doing its best to process all franchise applications of trucks-for-hire before the automatic provisional authority to operate expires on October 17. After the deadline, trucks without such authority will be subject to Joint Administrative Order No. 2014-01 that penalizes illegally operating trucks with a fine of P200,000.
Ginez said LTFRB received 33,000 applications from truck operators, of which 2,145 have port-related operations. It must be noted that some of the franchise applications cover applications for more than one truck unit. – Roumina Pablo
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