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LBC Express, Inc. (previously known as Luzon Brokerage Corporation) (PSE: LBC) is a courier company based in the Philippines. It operates scheduled commercial vehicle cargo services in currently and planned cargo airline services begin on May 31, 2014.
Ninja Van was founded in 2014 by Singaporeans Lai Chang Wen, Shaun Chong, and Boxian Tan. The firm runs on a hub-and-spoke model, compared to other companies like GOGOX and Lalamove that use a point-to-point model. [4] In 2019, it delivered an average of one million parcels a day around the ASEAN region. [5]
The Philippine postal system has a history spanning over 250 years. In 1767, the first post office in the Philippines was established in the city of Manila, which was later organized under a new postal district of Spain. [4] At first, the postal office served mainly to courier government and church documents.
In 1991, JNE developed its international network by joining the International Air Transport Association (IATA), facilitating global delivery services, [1] and created a network of courier companies in Indonesia, Singapore, Japan, Malaysia, the Philippines, Taiwan and Hong Kong, by forming the Association Courier Conference of Asia (ACCA). [1]
In 2019, J&T was the fourth-largest delivery company, and the eighth unicorn in Indonesia. [16] As of April 2021, the company was valued by investors at US$ 8 billion. [ 17 ] In December 2021, the company was ranked as the 16th-largest unicorn in the world on the Hurun Index . [ 18 ]
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The hub features a fully automated sorting system that can process up to 18,000 packages per hour. The roof of the hub features FedEx's largest solar power installation, producing 800,000 kilowatt hours per year. [29] On December 7, 2018, the company announced the retirement of David Cunningham on December 31, 2018.
The courier industry in United States is a $59 billion industry, with 90% of the business shared by DHL, FedEx, UPS and USA Couriers. On the other hand, regional and/or local courier and delivery services were highly diversified and tended to be smaller operations; the top 50 firms accounted for just a third of the sector's revenues.