Market Share of Philippines Freight and Logistics Industry
The competition in the Philippines freight and logistics market is fragmented, with the presence of many local and international logistics service providers. Some of the existing major players in the market include FedEx, UPS, DHL, Kuehne + Nagel, PHL Post, Nippon Express, and 2GO Express.
The international players are making strategic investments to establish a regional logistics network, such as opening new distribution centers, smart warehouses, etc. The growth of e-commerce is an essential factor spurring the development of courier services. Increasing consumption and Internet penetration are boosting e-commerce activity in the Philippines.
Philippines Freight & Logistics Market Leaders
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DHL
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UPS
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FedEx
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PHL Post
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Nippon Yusen NYK (Yusen Logistics)
*Disclaimer: Major Players sorted in no particular order