Logistics and remittance services provider LBC Express, Inc. remains as the top airfreight forwarder in 2016, according to an initial report from the Civil Aeronautics Board (CAB).
LBC Express carried 15.244 million kilograms in 2016 for a 25% market share. While LBC’s 2016 volume report is incomplete, it is already 1.1% higher than the 15.076 million kg the company handled in 2015.
Since 2006, LBC Express has handled the highest volume of air cargo amongst local airfreight forwarders after dislodging Geologistics, Inc. and Highlight Express Phil., Inc.
For 2016, initial data from CAB showed that cargo volume handled by domestic airfreight forwarders totalled 61.082 million kg, or 2% higher than the 59.839 million kg carried in 2015.
Of the total, consolidations accounted for 61.54%, or 37.587 million kg, 7% up from 35.119 million kg posted in 2015. Direct shipments, which contributed 38.44% of the total, dropped 4.9% to 23.481 million kg from 24.686 million kg in 2015. Breakbulking likewise declined 47.5% to 13,161 kg from 25,084 kg.
Maintaining their ranks in 2016 were AP Cargo Logistics Network Corp. in second place with 8.526 million kg; Airfreight 2100, Inc. in third place with 5.210 million kg; Cargo Padala Express Forwarding Service Corp. in fourth rank with 4.826 million kg; and JRS Business Corp. in fifth place with 4.679 million kg.
Jumping three ranks higher to sixth place was Ximex Delivery Express with 2.265 million kg, while Libcap Super Express Corp. leaped four places to seventh with 2.038 million kg.
Dropping one place were Kim Gold Cargo Logistics Corp., which fell to eighth with 1.914 million kg, and Wide Wide World Express, Inc., now in ninth position with 1.801 million kg.
Sliding back four ranks to 10th place was AAI Worldwide Logistics with 1.788 million kg.
Filling positions 11th to 20th were 2GO Express Inc. (1.699 million kg), ASP Airspeed Philippines, Inc. (1.181 million kg), F2 Logistics Philippines, Inc. (1.208 million kg), Non-pareil International Freight & Cargo Services, Inc. (903,932 kg), Vintel Logistics, Inc. (891,806 kg), EPR Cargo Services (758,905 kg), Highlight Express Philippines Corp. (662,353.5 kg), Makatiexpress Cargo, Inc. (544,537 kg), Pambato Cargo Forwarders (456,468 kg), and CBL Courier Express International, Inc. (426,072 kg).
Completing the list from 21st to 30th were Argo International Forwarders, Inc. (404,344.1 kg), Germalin Enterprises, Inc. (403,341.9 kg), GML Cargo Forwarders & Courier Express (381,367.44 kg), TNT Express Deliveries (Phils.), Inc. (368,434.6 kg), Worklink Services, Inc. (287,449.5 kg), Trans-global Consolidators, Inc. 9233,644.7 kg), American Freight Forwarders, Inc. (195,788 kg), GRM International, Inc. (195,281.8 kg), Royal Cargo, Inc. (181,068 kg), and CTSI Logistics Phils., Inc. (134,672.64 kg). – Roumina Pablo
