Seaport operations in Philippines, Road Transportation in Philippines, Road Transport Market in Philippines : Ken Research
Philippines Freight Industry, Transport Infrastructure in Philippines, Road Transport Market in Philippines, Road Transportation in Philippines, Seaport Operations in Philippines , Airport Operations in Philippines , Number of Freight Forwarders in Philippines , List of Freight Forwarders in Philippines, Shipping Fleet of Major Philippines Seaports
Philippines Freight Industry, Transport Infrastructure in Philippines, Road Transport Market in Philippines, Road Transportation in Philippines, Seaport Operations in Philippines , Airport Operations in Philippines , Number of Freight Forwarders in Philippines , List of Freight Forwarders in Philippines, Shipping Fleet of Major Philippines Seaports
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The Philipp<strong>in</strong>es Freight Forward<strong>in</strong>g Industry is Highly<br />
Fragmented with the Presence of both Domestic and<br />
International Players: <strong>Ken</strong> <strong>Research</strong>
• The report titled “Philipp<strong>in</strong>es Freight Forward<strong>in</strong>g <strong>Market</strong> Outlook to 2023<br />
– By Land, Water and Air <strong>Transport</strong>; By International and Domestic<br />
Freight; By Flow Corridors; By Third Party Logistics; By Express Delivery”<br />
by <strong>Ken</strong> <strong>Research</strong> suggested a growth at a noteworthy six year CAGR of<br />
8.6% <strong>in</strong> terms of revenue <strong>in</strong> Philipp<strong>in</strong>es freight forward<strong>in</strong>g market <strong>in</strong> next 5<br />
years till the year end<strong>in</strong>g 2023E.<br />
• The domestic companies were observed to manage their <strong>operations</strong> via <strong>in</strong>house<br />
whereas the <strong>in</strong>ternational MNCs always make alliances with<br />
<strong>in</strong>ternational freight companies backed by extensive service network and<br />
brand image <strong>in</strong> the market.Increase <strong>in</strong> demand for transportation of goods<br />
from one place to another has accelerated the size of the freight<br />
forward<strong>in</strong>g market <strong>in</strong> the Philipp<strong>in</strong>es. The high export and import revenues<br />
have positively impacted the freight forward<strong>in</strong>g <strong>in</strong>dustry <strong>in</strong> the country.<br />
The <strong>in</strong>dustry has witnessed large number of players <strong>in</strong> this segment which<br />
has aided the market revenues of freight forward<strong>in</strong>g <strong>in</strong> Philipp<strong>in</strong>es<br />
<strong>in</strong>clud<strong>in</strong>g both domestic as well as <strong>in</strong>ternational companies.
• These freight forward<strong>in</strong>g companies specialize <strong>in</strong> provid<strong>in</strong>g a full<br />
range of services such as track<strong>in</strong>g <strong>in</strong>land transportation, preparation<br />
of shipp<strong>in</strong>g and export documents, book<strong>in</strong>g cargo space,<br />
negotiat<strong>in</strong>g freight charges, freight consolidation, cargo <strong>in</strong>surance,<br />
and fil<strong>in</strong>g of <strong>in</strong>surance claims. Expand<strong>in</strong>g FMCG sector, retail sector,<br />
food and E-commerce <strong>in</strong>dustry has attributed towards the growth<br />
of freight forward<strong>in</strong>g <strong>in</strong>dustry <strong>in</strong> the country. Freight forwarders are<br />
specialized firms <strong>in</strong> the logistics cha<strong>in</strong> and can be classified <strong>in</strong>to<br />
ocean freight forwarders and air forwarders. In the <strong>in</strong>itial stages of<br />
forward<strong>in</strong>g, freight forwarders provide clear<strong>in</strong>g and forward<strong>in</strong>g<br />
services as an agent of the shipper. At the <strong>in</strong>termediate level, they<br />
make available services such as cargo consolidation, road haulage,<br />
and customs clearance. At the f<strong>in</strong>al stage, they can also provide<br />
door-to-door services as multimodal transport operators. Freight<br />
forwarders offer all or a limited range of services depend<strong>in</strong>g on<br />
their size, number of personnel, and number of branches.
• Key Segments Covered<br />
• By Freight Movement<br />
• <strong>Road</strong><br />
• Air<br />
• Sea<br />
• By Delivery:<br />
• Normal<br />
• Express<br />
• By Freight Forward<strong>in</strong>g<br />
• International<br />
• Domestic<br />
• By Flow Corridors<br />
• Asia<br />
• North America<br />
• Europe<br />
• Middle East<br />
• By Companies<br />
• International Companies<br />
• Domestic Companies<br />
• Key Target Audience<br />
• Shipp<strong>in</strong>g Companies<br />
• Freight Forwarders<br />
• Logistics Association<br />
• Express and E-Commerce Logistics Companies<br />
• Consult<strong>in</strong>g service providers<br />
• Private Equity/ VCs/ Investment Bank<strong>in</strong>g Companies
• Companies Covered:<br />
• LBC Express<br />
• 2Go<br />
• PHL Post<br />
• JRS Express<br />
• Air 21<br />
• DHL<br />
• FedEx<br />
• UPS<br />
• TNT<br />
• Lazada Express<br />
• Shopee<br />
• Jolly B Box<br />
• Forex Cargo<br />
• Afreight<br />
• Chelsea Logistics Hold<strong>in</strong>gs Corporation<br />
• International Conta<strong>in</strong>er Term<strong>in</strong>al Services Inc.<br />
• Lorenzo Shipp<strong>in</strong>g Corporation<br />
• Metro Alliance Hold<strong>in</strong>gs and Equity Corp.<br />
• Asian Term<strong>in</strong>als Inc.<br />
• AAI Worldwide Logistics Inc.<br />
• K<strong>in</strong>tetsu World Express<br />
• Royal Cargo
• For more <strong>in</strong>formation on the research report, refer to below l<strong>in</strong>k:<br />
• https://www.kenresearch.com/automotive-transportation-and-warehous<strong>in</strong>g/logistics-andshipp<strong>in</strong>g/philipp<strong>in</strong>es-freight-forward<strong>in</strong>g-market/169966-100.html<br />
• Related Reports<br />
• https://www.kenresearch.com/automotive-transportation-and-warehous<strong>in</strong>g/logistics-andshipp<strong>in</strong>g/s<strong>in</strong>gapore-logistics-warehous<strong>in</strong>g-market/134595-100.html<br />
• https://www.kenresearch.com/automotive-transportation-and-warehous<strong>in</strong>g/logistics-andshipp<strong>in</strong>g/south-korea-logistics-warehous<strong>in</strong>g-market/136100-100.html<br />
• https://www.kenresearch.com/automotive-transportation-and-warehous<strong>in</strong>g/logistics-andshipp<strong>in</strong>g/<strong>in</strong>donesia-logistics-warehous<strong>in</strong>g-market/142316-100.html<br />
• CONTACT US:<br />
<strong>Ken</strong> <strong>Research</strong><br />
Ankur Gupta, Head <strong>Market</strong><strong>in</strong>g & Communications<br />
sales@kenresearch.com<br />
• +91-9015378249
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