TNC (Transportation Network Companies)

Transportation Network Companies (TNCs) are technology-based businesses that connect passengers with drivers through mobile apps. They operate as intermediaries, allowing individuals to request rides via smartphones and be matched with nearby drivers who use their personal vehicles. TNCs typically handle the payment process and often set standards for driver background checks and vehicle requirements. Examples include companies like Uber and Lyft. They provide flexible, on-demand transportation options that often supplement or compete with traditional taxis, leveraging digital platforms to improve convenience, affordability, and accessibility for both riders and drivers.