Thursday, July 23, 2026

AP Cargo leads market share at 28% as domestic air freight industry consolidates top players

AP Cargo Logistics Network Corp. secured the top position by a significant margin, handling 4,532,901 kilograms of air cargo volume in the first quarter of 2026, according to the official data of the Civil Aeronautics Board (CAB).

CAB’s Cargo Traffic Flow Statistics for the first quarter of 2026 (January to March), detailing the performance and market share of the top freight forwarders in the Philippines based on total chargeable weight in kilograms, showed AP Cargo accounts for 28.0 percent market share, establishing a strong lead in the country’s domestic air freight and logistics sector.

Following AP Cargo, LBC Express, Inc. captured the second spot with 1,634,736 kg (10.1% market share), while ASP Airspeed Philippines, Inc. placed third with 1,190,360 kg (7.35%). 2GO Express, Inc. and Europac Domestic Consolidator Inc. rounded out the top five, claiming 7.24% and 5.45% of the market share, respectively.

  • Top 5 Concentration: The top five freight forwarders collectively handled over 58% of the nation’s total chargeable air cargo volume during Q1 2026, pointing to a concentrated market among established nationwide logistics networks.

  • Top 10 Dominance: The top 10 forwarders accounted for 72.71% of cumulative traffic flow, demonstrating consistent demand for consolidated logistics and express delivery networks across the archipelago.

  • Mid-Tier Competition: Over 20 forwarders compete for the remaining ~27% market share, highlighting active competition in specialized, regional, and pharma-focused freight logistics (such as Pharmaserv Express and Worklink Services).

Top 30 freight forwarders (Q1 2026)
Rank Freight Forwarder Chargeable Weight (KGs) Market Share (%) Cumulative Share (%)
1 AP Cargo Logistics Network Corp. 4,532,901 28.00% 28.00%
2 LBC Express, Inc. 1,634,736 10.10% 38.10%
3 ASP Airspeed Philippines, Inc. 1,190,360 7.35% 45.45%
4 2GO Express, Inc. 1,171,959 7.24% 52.69%
5 Europac Domestic Consolidator Inc. 881,747 5.45% 58.14%
6 JRS Business Corporation 785,956 4.85% 62.99%
7 Sincerity International Cargo Services Corp. 483,028 2.98% 65.98%
8 Wide Wide World Express Corporation 383,033 2.37% 68.34%
9 Cargo Padala Express Forwarding Services Corp. 357,240 2.21% 70.55%
10 Nonpareil International Freight & Cargo Services, Inc. 349,667 2.16% 72.71%
11 Kim Gold Cargo Logistics Corp. 321,306 1.98% 74.69%
12 Vintel Logistics Inc. 294,361 1.82% 76.51%
13 PH Global Jet Express 290,626 1.80% 78.31%
14 Airspeed International Corporation 282,145 1.74% 80.05%
15 Four Aces Resources Corporation 264,878 1.64% 81.69%
16 Worklink Services, Inc. 253,166 1.56% 83.25%
17 Worldwide Elite Freight Forwarding Consolidation Services, Inc. 234,585 1.45% 84.70%
18 Lite Xpress Int’l., Inc. 226,309 1.40% 86.10%
19 Trans-Global Consolidators Inc. 191,955 1.19% 87.28%
20 AAI Worldwide Logistics Inc. 159,120 0.98% 88.27%
21 FAST Logistics Corp (f.k.a. FASTCargo Logistics Corp) 158,898 0.98% 89.25%
22 F2 Logistics Phils., Inc. 155,260 0.96% 90.21%
23 Pharmaserv Express 152,427 0.94% 91.15%
24 High Light Express Philippines Corporation 151,118 0.93% 92.08%
25 Libcap Super Express Corporation 148,142 0.92% 93.00%
26 Faster International Logistics Inc. (f.k.a NAF Global Inc.) 117,002 0.72% 93.72%
27 V-Freight Cargo Services, Inc. 116,918 0.72% 94.44%
28 3-Way Cargo Transport Inc. 102,862 0.64% 95.08%
29 Ximex Delivery Express, Inc. 76,147 0.47% 95.55%
30 EPR Cargo Services Data pending

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