No, you can not set the Waze app for commercial vehicles. The app collects real-time road conditions from users to give the most efficient routes. It does not take into consideration the weight and size of the vehicle.
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Waze. On Google's scale, Waze was never a huge service. According to the latest figures, in 2019 one billion people used Google Maps every month. Waze, at that time, settled for 130 million users (today the company has 151 million users).
While taxi drivers' work is varied and flexible, when they have a booking coming up, they can plan the route in Waze, which will plot the journey and notify the driver when it's time to set off to ensure they arrive on time.