Tag: #LBCExpress

  • LBC celebrates 75 years, exceeds 600,000 deliveries worldwide, and highlights Asia-Pacific as a major growth hub.

    LBC celebrates 75 years, exceeds 600,000 deliveries worldwide, and highlights Asia-Pacific as a major growth hub.

    10 March 2026 Manila, Philippines — LBC Express, the Philippines’ pioneering logistics and courier company, recently commemorated its 75th anniversary, marking a major milestone with over 600,000 deliveries completed worldwide as of the end of Q3 2025. Established in 1950 and recognized as the originator of the iconic balikbayan box service, LBC has grown into a global network with over 6,400 locations, partners, and agents spanning 30 countries. This extensive reach allowed the company to deliver more than 4,000 TEUs globally, with nearly 1,000 TEUs originating from the Asia-Pacific region, highlighting the area’s role as a key driver of regional trade and e-commerce growth.

    Aligned with its 75th-anniversary theme, “We Move With You”, LBC Express continues to strengthen its global footprint while providing essential supply chain solutions for businesses and individuals alike. Financially, the company achieved a gross revenue of PHP 10.47 billion in the first nine months of 2025, with overseas markets contributing around PHP 3.83 billion, or 39% of total revenue. Domestic operations remained a strong growth engine, accounting for PHP 6.29 billion. Revenue was primarily driven by its Retail segment, which includes courier, air cargo, and balikbayan box services, generating PHP 6.88 billion, alongside the Corporate segment, which contributed PHP 3.2 billion through business solutions, freight forwarding, and e-commerce services.

    By the end of Q3 2025, LBC handled over 7,000 TEUs in sea cargo and nearly 13 tons of domestic air cargo, further establishing itself as a critical partner for SMEs, entrepreneurs, and large enterprises. Beyond logistics, the company has also recorded substantial growth in remittances and payment solutions, generating approximately PHP 346.37 million and PHP 7.35 million respectively, reinforcing LBC’s position as a holistic partner for Filipino families and businesses.

    Enrique V. Rey, COO and President of LBC Express, emphasized the company’s mission: “For 75 years, LBC has stood as a symbol of reliability, connection, and care. We see the Asia-Pacific region not only as a key market for our Filipino community but as a crucial engine for trade and e-commerce innovation. ‘We Move With You’ is not just our anniversary theme — it’s our story. Through every milestone, every movement, and every Filipino journey, LBC has been there, carrying more than just parcels — but the spirit of family, resilience, and nationhood.”

    From its beginnings as a trusted balikbayan box service for overseas Filipinos to its current role as a comprehensive logistics and financial services provider, LBC Express continues to evolve, connecting communities and driving commerce across the globe.