LBC income expands 91% on higher volumes, logistics sales

Apr. 17 | Image by PublicDomainPictures from Pixabay Logistics and remittance service company LBC Holdings Corp. (LBCH) reported a net income of P1.349 billion in 2018, or 91% higher than the P707.92 million earned in 2017, partly due to the increase in gross profit...

2GO’s loss balloons to P1.3B in 2018

Apr. 17 | Image by Elias Schäfer from Pixabay 2GO Group, Inc. and its subsidiaries posted a net loss of P1.3 billion in 2018, an increase from the P310 million net loss in 2017. Revenues increased by 2% to P21.990 billion in 2018 from P21.551 billion 2017 due...

Driving Improved Customer Service Standards

Apr. 14 | Amit Maheshwari, CEO of Softlink Global Agility, capability and flexibility are increasingly becoming a crucial differentiator for supply chain when selecting a logistics service provider. Shippers are becoming more and more particular about the safe...

The Supply Chain Trilogy spotlights industry innovation, digitization, technologies

Mar. 20 | Industry stakeholders are invited to join The Supply Chain Trilogy, a series of three half-day events that tackles the latest trends in and provides valuable insights on three industries—transport and logistics, retail, and manufacturing. Happening...

Overcoming the IT Transformation Challenge

Mar. 3 | Amit Maheshwari, CEO of Softlink Global With the logistics sector expected to have a strong role in shaping the future of freight and logistics companies, the need for IT transformation initiatives to be carried out successfully has become paramount. As...

Thinking Beyond Automation

Jan. 20 | Automation in the freight and logistics business is something that simply needs to be done. The question that needs to be considered is how to evaluate and extract the maximum benefits from the technology. So what are the things you need to consider when...

Logistics among PCC priority sectors for anti-competition probe

Jan. 6 | The Philippine Competition Commission (PCC) is adding logistics to its priority sectors for competition analysis and enforcement in 2019. In a year-end report, PCC chairman Arsenio Balisacan said that “now, more than ever, our goal is to effectively...

Gov’t, private groups sign ‘10 Commitments of PH Logistics Services Sector’

Dec. 10 | At the signing of the Ten Commitments of the Philippine Logistics Services Sector, from L to R: Department of Trade and Industry (DTI) Undersecretary Rowel Barba; Association of CY/CFS Operators of the Philippines president Alexander Ong; Customs Bonded...

Time to Revisit Your Digital Connect

Dec. 10 | The digital age requires freight and logistics companies to be in sync with the changing landscape of technology in order to truly succeed. Information, efficiency, mobility and agility are some of the key pillars that support the success of digital logistics....

PH logistics players seek review of accreditation requirements

Nov. 20 | Stakeholders in the logistics services sector, who have to apply for accreditation with multiple agencies in order to operate, are urging the Philippine government to create a single accreditation process as one of the measures to ease doing business...