History
The regulatory land transportation dates back to the early 1900s. The LTFRB therefore, is a product of a series of transformations. The evolutionary progression runs as thus:
- Coastwise Rate Commission – November 17, 1902
- Supervising Railway Expert – June 29, 1906
- Board of Public Utility Commissioners – December 19, 1913
- Public Utilities Commission – March 9, 1917
- Public Service Commission - 1926
- Specialized Regulatory Boards, specifically the Division of Land Transportation - 1972
- Board of Transportation - 1979
- Land Transportation Commission - 1985
- Land Transportation Franchising & Regulatory Board - 1987
Read more about this topic: Land Transportation Franchising And Regulatory Board (Philippines)
Famous quotes containing the word history:
“The history is always the same the product is always different and the history interests more than the product. More, that is, more. Yes. But if the product was not different the history which is the same would not be more interesting.”
—Gertrude Stein (1874–1946)
“It is remarkable how closely the history of the apple tree is connected with that of man.”
—Henry David Thoreau (1817–1862)
“To a surprising extent the war-lords in shining armour, the apostles of the martial virtues, tend not to die fighting when the time comes. History is full of ignominious getaways by the great and famous.”
—George Orwell (1903–1950)