Philippines Road Freight Market is expected to cross Php 200 Bn by 2024: Ken Research 62% drop in China Import Volumes from Feb 1 to 16th 2020 in comparison to 2019 and $ 300 Mn loss in Export Revenue to China, Thailand, and other countries due to COVID-19 will push the Road freight revenues to have negative growth rate in future. DPWH and DOTr have been allocated PhP 458.6 bn and… Read More »
Philippines Logistics and Warehousing Future Outlook: Ken Research How Is the Philippines Logistics and Warehousing Market Positioned? Overview: Philippine is an Import oriented country that comprises of 7000 Islands and is dominated by sea freight due to archipelago geography. The operations of the whole country are highly cantered in Luzon Island with major congestion at Manila Ports, working with almost 90% capacity in comparison… Read More »
Rise in Government Infrastructure, Growing Cold Transportation, and Increasing Tech Penetration is Facilitating Growth in Road Freight Industry in Philippines: Ken Research Increased Government Spending: The government has targeted to increase infrastructure spending to more than 5% of the country’s GDP to reduce congestion and improving road infrastructure in the metropolis. Various efforts include Bonifacio Global City-Ortigas Business Centre link road, Strong Republic Nautical Highway, the introduction of a paperless system at Port of Manila, Public-Private Partnerships deals funded by Big Companies such as… Read More »
Philippines Road Freight Market Outlook to 2024: Ken Research The report titled “Philippines Road Freight Market Outlook to 2024 – Driven by Government Spending on Road Infrastructure and Technological Advancements” provides a comprehensive analysis of the status of the logistics sector in the Philippines. The report covers various aspects including the current logistics scenario in the Philippines, its components viz, freight transportation, warehousing, CEP, and VAS.… Read More »
How E-Commerce Logistics Market is Supporting Growth of Courier and Express Delivery Market in Philippines? Ken Research reveals that Rising Internet Penetration, Growth in Last Mile Delivery, Preferences for Online Shopping due to Better Discounts and Online Grocery Logistics is Expected to Drive E-Commerce Logistics market in Philippines. Philippines E-commerce logistics market has been observed in its early stages of developments majorly driven with an increase in internet affinity and… Read More »
Philippines Express Delivery Market is Expected to Grow at 9% for Next 5 years till 2023: Ken Research The report titled “Philippines Logistics and Warehousing Market Outlook to 2023 – By Freight Forwarding, Warehousing, Express Logistics, E-commerce Logistics, Third Party Logistics, Balikbayan Box Segment” by Ken Research suggested a growth at a noteworthy six year CAGR of 8.8% in terms of revenue in the Philippines logistics and warehousing market in the upcoming years… Read More »
