PH domestic freight forwarders airlifted 10% more cargo last year

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…

LBC income nosedives 99% but revenue expands in Q1

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…

LBC advances its northern reach with newly opened Pampanga warehouse

LBC Express has opened a new warehouse in Pampanga, part of its ongoing drive to expand its service to customers in the north. Currently…

LBC Express boosts southern reach with new Davao warehouse

Logistics and remittance company LBC Express, Inc. has opened a new warehouse in Lanang, Davao to augment its operations in Visayas and Mindanao. The…

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

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…

LBC net income surges 170% in first semester

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…

Technology investments to power LBC on road to its digital evolution

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…

LBC rides digital trend with 2 new e-commerce services

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…

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

Philippine courier and cargo, money remittance, and logistics services provider LBC Express Holdings, Inc. (LEHI) is buying four cargo and remittance companies in Australia,…

Court postpones hearing between PDIC, LBC Express

The Makati Regional Trial Court (RTC) has suspended the legal proceedings in the case filed by the Philippine Deposit Insurance Company (PDIC) and the…

LBC net profit soars 147% as logistics sales rise

LBC Express Holdings, Inc. (LBC) reported a net income of P563.821 million in the first quarter of 2018, which is 147% higher than the…

LBC eyes purchase of shares in Orient Freight, QUADX

Logistics, courier, and remittance company LBC Express Holdings, Inc. (LBCEHI) will acquire shares in two companies—a logistics and warehousing firm and an e-commerce company—for…

LBC purchases US-based cargo and remittance firms

The Philippines’ LBC Express Holdings, Inc. (LBCEHI) has acquired four cargo and remittance companies operating in the United States for US$8.55 million. In a…

Logistics revenue hikes LBC Express income by 18% in Jan-Sept

Logistics and remittance company LBC Express reported an 18% increase in net income for the first nine months of 2017 to P733.516 million from…

LBC Express keeps title as leading PH air forwarder

Logistics and remittance services provider LBC Express, Inc. remains as the top airfreight forwarder in 2016, according to an initial report from the Civil…

LBC group delivers 6.9% growth in H1 profit on strong logistics earnings

Courier and remittance company LBC Express Holdings, Inc. (LBCEHI) reported a net income of P442.586 million for the first half of 2017, which is…

LBC Express taps Ramco to automate HR management system

Philippine logistics and remittance company LBC Express, Inc. has signed RamcoSystems’ Human Resources and Payroll Solutions to streamline the entire life cycle of its…

LBC income up 59% as logistics sales boom

Logistics, courier, and remittance services provider LBC Express, Inc. reported a net income of P620.547 million in the first nine months of 2016, which…

LBC gets 43% income boost from stronger volumes

LBC Express, Inc. posted a 43% increase in net income of P413.870 million in the first six months of the year, an improvement on…

LBC Express sees growth extending through 2016

LBC Express expects an increase in volume and revenue for 2016 as it unveiled plans to further expand services nationwide. Group president and chief…