AS it enters its 17th year in the logistics industry, Wingspeed Shipping Corp (WSC) is training its sights on something big: the US market.
WSC president and chief operating officer Chris Coching told PortCalls the company has been trying to break into that market since two years ago but its efforts have been stymied by the global economic crisis.
But now, Coching said, there is much optimism because the US economy seems headed for a recovery. Locally, there is also positive business vibe brought about by the change in national administration.
“With the new administration I think we will be able to (achieve a) breakthrough,” he explained.
“We are looking at getting a good share in the US market which is majority controlled by multinational companies.”
WSC is partly relying on its membership with the international logistics network World Cargo Alliance (WCA) to help it penetrate the US market.
Conservative outlook
While its US dream is slowly taking shape, WSC is maintaining a conservative business outlook for the year as well as pegging its 2010 budget at last year’s level. This, until it sees firmer signs the global economy has finally shaken off its lethargy.
In the meantime, Coching the company is “looking forward and moving forward” and is hopeful of opportunities that lie ahead.
Wingspeed offers international ocean freight forwarding; project cargo handling; customs clearance/brokerage; dangerous cargo handling; documentation assistance; warehouse handling; land transport and shipping agency services. It has branches in Cebu, Davao, Bataan, Laguna, Cavite and Clark.
The company is affiliated with Asialink Cargo Philippines, Mercury Freight International Inc, KLine Air Services Phils. Inc, and Mercury Freight Holdings, Inc.
Apart from WCA, Wingspeed is a member of the WCA Family of Networks, the Federation of International Forwarder Association and the Philippine International Seafreight Forwarders Association.
