Vallacar Transit Incorporated (VTI) is a Philippine transportation service under the umbrella of the Yanson Group of Bus Companies (YGBC), serving as its flagship subsidiary.

The bus company is a family-owned and managed business that has grown from a lone 14-seater jeepney plying a single route called Ceres Liner, to a conglomerate of transportation companies with a combined number of operating units of 838 transport vehicles as of January 2010, operating and serving in the Visayas, as well as the Zamboanga Peninsula in Mindanao.

He tried his hands and skills in assembling more jeepneys while his wife Olivia managed the warehouse and served as the collector of the daily “boundaries” from their drivers.

Olivia quit her nursing job at a rural health unit in Dumaguete to help her husband run the small business as ‘bodegera’ by day and ‘collector’ at night.

However, Vallacar grew because Ricardo was active then, buying second-hand trucks from Manila and rebuilding them as transport units for VTI.

[5] Ricardo died at the age of 86,[6] and left the leadership and management of Vallacar Transit, Incorporated and its conglomerate to his son, Leo Rey Yanson, with the guidance of his wife Olivia.

On December 5, 2020, Vallacar Transit Inc. (VTI) reappoints Leo Rey Yanson as the chairman of the board and president during their firm's annual stockholders meeting at its principal office in Barangay Mansilingan, Bacolod.

[8][9][10][11] A trail-blazer and visionary,[12] self-made transportation tycoon Ricardo and his wife Olivia built an empire from one vehicle to a conglomerate of bus companies and the largest in the Philippines.

Vallacar Transit Inc. (VTI), the country's largest bus company, recently held its annual stockholders meeting at its principal office in Barangay Mansilingan, Bacolod.

[15][16] With firm grip of control to the family's Bus Conglomerate,[17] Leo Rey Yanson, as president and chief executive officer of both Vallacar Transit Inc. (VTI) and Ceres Liner Travel and Tours Inc. (CLTTI), gave the assurance in a statement on Tuesday after presiding the latter's annual stockholders meeting at their principal office in Barangay Mansilingan here on Monday.

Some of their fleets are also provided by their parent company's coach building division, Vallacar Transit Incorporated – Transport Engineering and Bus Body Assembly Plant (VTI-TEBBAP).

Proving to be profitable, Yanson Group expanded its Metro Manila operations and established Ceres Transport in 2009, being based in Batangas City.

It enabled bus services encompassing Cubao, Batangas City, Mindoro, Aklan, Antique Iloilo, Bacolod and Dumaguete.

In 2012, Ceres Transport Inc. bought out a franchise of Gold Star Bus Company and allowed it to operate its Batangas-Cubao and Batangas-Alabang routes.