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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.
The first freight forwarder to offer balikbayan box services was Rico Nunga, who started REN International in Los Angeles, California, in 1981. [7] [8] The following year, Ramón Ungco, a Filipino in New York City, founded Port Jersey Shipping International. [9]
Tracking packages with stationary bar code reader in a warehouse sorting operation. Package tracking or package logging is the process of localizing shipping containers, mail and parcel post at different points of time during sorting, warehousing, and package delivery to verify their provenance and to predict and aid delivery.
A freight forwarder does not move the goods but acts as an agent in the logistics network and will carry out freight consolidation, rate negotiations, shipment tracking, customs and other documentation, among other tasks. FIATA describes a freight forwarder as the "architect of transport".
Examples are courier, express and parcel services; ocean carriers, freight forwarders and transshipment providers. The most significant difference between a second party logistics provider and a third-party logistics provider is the fact that a 3PL provider is always integrated into the customer's system.
Another factor is the time of year. Gas prices are typically near a low for the year in February due to weak demand. If the tariffs stay in place through summer, the impact will be greater, he said.