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Philippine domestic airfreight forwarders processed 62.761 million kilograms in 2024, 10.3% higher than the 56.914 million kg recorded in 2023
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This is the second consecutive year of increase
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Direct shipments grew 5.4% to 32.763 million kg
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Consolidations were up 17.1% to 29.97 million kg
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Breakbulking dropped 88% to 27,996.67 kg
Philippine domestic freight forwarders handled 62.761 million kilograms of cargo in 2024, 10.3% higher than the 56.914 million kg recorded in 2023, the second consecutive year of increase, according to data from the Civil Aeronautics Board (CAB).
Direct shipments accounted for 52% of the total volume or 32.763 million kg, 5.4% up from 31.082 million kg in 2023.
Consolidations represented 47.75% or 29.97 million kg, a 17.1% growth from 25.594 million kg in 2023.
Breakbulking, on the other hand, declined 88% to 27,996.67 kg from 237,655.80 kg in 2023.
More domestic airfreight forwarders submitted their reports in 2024 (95.56%) than in 2023 (86.01%).
For the third consecutive year, AP Cargo Logistics Network Corp. led CAB’s list of top 30 domestic airfreight forwarders with 20.801 million kg or a 33.14% share of the 2024 total.
LBC Express, Inc. also retained its position at second place, posting 6.985 million kg or a share of 11.13%.
2GO Express, Inc. improved one rank to third place with 4.107 million kg or 6.54% while PH Global Jet Express jumped nine places to fourth with 3.575 million kg or a share of 5.7%.
JRS Business Corp. dropped two ranks to fifth handling 4.71% or 2.956 million kg while Lite Xpress Int’l., Inc. also slipped one place to sixth with 3.99% or 2.504 million kg.
Up one rank to seventh place was ASP Airspeed Philippines, Inc. with 2.362 million or 3.76% share, dislodging Four Aces Resources Corp., which ranked at eight place with 1.689 million kg or a share of 2.69%.
Wide Wide World Express Corp. climbed two ranks to ninth with 1.478 million or 2.36% while Nonpareil International Freight & Cargo Services, Inc. declined one place to 10 th with 1.457 million kg or 2.32% of the total.
From 11th to 20th places were:
- Airfreight 2100, Inc. (1.456 million kg)
- Trans-Global Consolidators Inc. (1.419 million kg)
- Kim Gold Cargo Logistics, Inc. (1.347 million kg)
- Cargo Padala Express Forwarding Services Corp. (1.118 million kg)
- Worklink Services, Inc. (980,149.65 kg)
- Airspeed International Corp. (780,217 kg)
- Worldwide Elite Freight Forwarding Consolidation Services, Inc. (758,256.50 kg)
- Argo International Forwarders Inc. (666,216 kg)
- V-Freight Cargo Services, Inc. (639,188.25 kg)
- American Freight Forwarders, Inc. (573,222.70 kg)
Completing the top 30 were:
- AAI Worldwide Logistics Inc. (569,420.40 kg)
- Libcap Super Express Corp. (561,822.02 kg)
- Pharmaserv Express (550,099.90 kg)
- High Light Express Philippines Corp. (355,962.20 kg)
- Fastcargo Logistics Corp. (342,460.10 kg)
- F2 Logistics Phils., Inc. (309,136.25 kg)
- 3-Way Cargo Transport Inc. (299,575.05 kg)
- JV Freight Consolidators Inc. (266,161.50 kg)
- EPR Cargo Services (214,859 kg)
- Pambato Cargo Forwarder, Inc. (193,918.78 kg)
– Roumina Pablo
READ: Domestic air freight forwarders handle 9% more cargo in Jan-Sept
