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Posts tagged with "LBC Express"

PH domestic freight forwarders airlifted 10% more cargo last year

PH domestic freight forwarders airlifted 10% more cargo last year

May. 25 | Image by PublicDomainPictures from Pixabay Cargo volume handled by Philippine domestic air freight forwarders grew 10% in 2018 to 88.802 million kilograms (kg) from the 80.73 million kg recorded in 2017, data from the Civil Aeronautics Board (CAB) showed. Direct...

LBC income nosedives 99% but revenue expands in Q1

LBC income nosedives 99% but revenue expands in Q1

May. 20 | Image by Gerd Altmann from Pixabay LBC Express Holdings, Inc. (LEHI) reported a net income of P7.572 million in the first quarter of 2019, a 99% drop from P570.563 million posted in the same period last year. Total comprehensive income also fell 91% to...

LBC advances its northern reach with newly opened Pampanga warehouse

LBC advances its northern reach with newly opened Pampanga warehouse

May. 13 | LBC Express has opened a new warehouse in Pampanga, part of its ongoing drive to expand its service to customers in the north. Currently in full operations, the 6,300-square meter (sqm) Kapayapaan Warehouse located within the Mexico Industrial Complex,...

LBC Express boosts southern reach with new Davao warehouse

LBC Express boosts southern reach with new Davao warehouse

Mar. 6 | LBC’s Davao Lanang warehouse covers 8,215 square meters with a covered area of 4,570 sqm featuring elevated loading bays of up to 12 doors. It is located 5.3 kilometers from Davao International Airport and 3.7 kms from the Davao-Sasa port. Logistics...

LBC Express income surges 62.6% on back of logistics unit’s growth

LBC Express income surges 62.6% on back of logistics unit’s growth

Dec. 10 | LBC Express Holdings, Inc. (LEHI) earned P1.242 billion in total comprehensive income in the first nine months of 2018, 62.6% higher than the P764.105 million earned in the same period last year. Service revenues increased 23% to P9.114 billion for the...

LBC net income surges 170% in first semester

LBC net income surges 170% in first semester

Aug. 23 | LBC Express Holdings, Inc. posted a net income of P1.196 billion in the first six months of 2018, a 170% jump from P442.702 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, LBC said the positive performance...

Technology investments to power LBC on road to its digital evolution

Technology investments to power LBC on road to its digital evolution

Aug. 7 | LBC Express, Inc. is investing heavily in technology as it embarks on a three-year digital transformation program to further automate its process and respond to the changes in the logistics industry. “With digitalization set to revolutionize the entire...

LBC rides digital trend with 2 new e-commerce services

LBC rides digital trend with 2 new e-commerce services

Jul. 10 | LBC Express has launched two new services aimed at addressing the growing market trend of online shopping and e-commerce in the Philippines. LBC recently introduced its Cash on Pickup (COP) and Cash on Delivery (COD) programs, utilizing two of the company’s...

LBC Express forks out $4.6M for 4 cargo and remittance firms

LBC Express forks out $4.6M for 4 cargo and remittance firms

Jun. 29 | Philippine courier and cargo, money remittance, and logistics services provider LBC Express Holdings, Inc. (LEHI) is buying four cargo and remittance companies in Australia, Singapore, and Taiwan for US$4.599 million. LEHI’s Board on June 27 approved...

Court postpones hearing between PDIC, LBC Express

Court postpones hearing between PDIC, LBC Express

Jun. 23 | The Makati Regional Trial Court (RTC) has suspended the legal proceedings in the case filed by the Philippine Deposit Insurance Company (PDIC) and the closed LBC Development Bank against LBC Express, Inc. (LEI) and LBC Development Corp. (LDC) in order...
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