CH Robinson has expanded its presence in Southeast Asia with the opening of a new office in the Philippines.
The US-based forwarder said that the new Manila office would look to capitalise on the country's growing economy, which is expected to increase by 6% in 2024.
"The Philippines’ demand for freight and logistics services is quickly escalating due to higher levels of international trade and export," CH Robinson said in a press release.
"In particular, the country’s logistics industry contributes 4 to 6% to its overall gross domestic product (GDP) and is expected to reach a market size of PHP1.2trn by 2027."
Vice president Asia Pacific Andrew Coldrey said: "CH Robinson has long held a presence in the Philippines via our partners’ logistics network.
"The opening of an office here elevates our commitment to the country and the region, and further facilitates our customers’ access to our expansive global network.
"Looking ahead, the office will provide customers in the country with global scale and connectivity to key trading partners, such as the US, Singapore, South Korea, Germany, and China (including Hong Kong SAR)."
Stephen Ly, vice president, Southeast Asia, CH Robinson, added: “This expansion will enable us to better serve our existing customers in the Philippines and attract new customers looking for a company with established local roots backed by global capabilities."
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