An overview of Philippine Logistics
The logistics industry in the Philippines is busier than ever. In fact, market research firm Mordor Intelligence shared that the local freight and logistics market was estimated to be valued at 15.6 million USD in 2021. Furthermore, it is expected to reach 23.7 million USD by 2027.
This is unsurprising, given the role that a logistics company plays in almost every business. This was made even more obvious with the COVID-19 pandemic in 2020, as millions of people relied on logistics services and couriers to deliver their needs.
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