The company was founded from its precursor,Times Transit Transportation Co., by Santiago Rondaris who inherited the earlier company from his parents Timoteo and Estelita Rondaris (hence, the name "TIMES").
Times' terminal, refueling stop, employees dormitory, and mini-garage in Bantay, Ilocos Sur, which is along the National Highway, formerly housed one of the most modern garages in the province.