Philippines logistics show split trends in air cargo and port revenue

The Philippines experienced divergent trends in its logistics and transport sectors during the first half of 2026. Domestic air cargo volumes handled by forwarders fell to 31.9 million kilograms, a 2.8% decrease compared to the same period in 2025. This decline persists despite a boom in the broader e-commerce and logistics sectors.

AP Cargo Logistics Network Corp. remains the market leader with a 24.31% share, though its dominance decreased from over 32% the previous year. Other major players include LBC Express, Inc., Lite Xpress Int’l., Inc., 2GO Express, Inc., and ASP Airspeed Philippines, Inc.

In contrast, the Philippine Ports Authority (PPA) reported a revenue increase of 11.31%, totaling P16.34 billion for the first half of 2026. This performance exceeded the agency's target by 7.61%. The growth was driven by a 3.08% rise in cargo volume, reaching 154.03 million metric tons, and a 2.65% increase in container traffic. Key drivers included shipments of crude minerals and metalliferous ores, alongside increased cruise ship and foreign container activity.