US logistics provider enters Philippine market

MANILA, Philippines — Logistics provider C.H. Robinson has opened an office in the Philippines as it eyes to capture the transport demand of semiconductor and vehicle makers in the country.

C.H. Robinson yesterday announced the opening of its office in the Philippines, marking another expansion in Asia and the Pacific for the company trading in the tech-heavy NASDAQ exchange in the US.

In particular, C.H. Robinson entered the country in hopes of landing contracts with manufacturing giants in the semiconductor industry and vehicle assembly.

C.H. Robinson vice president for Asia and the Pacific Andrew Coldrey said logistics plays one of the most crucial roles in the growth story of the Philippine economy as it noticed that logistics demand is climbing up on the recovery of trade activities.

Citing data from Ken Research, C.H. Robinson said logistics contributes up to six percent of the country’s gross domestic product. By volume, the industry is expected to reach a market size of as much as P1.16 trillion by 2027.

“The opening of an office here in the Philippines elevates our commitment to the country and the region, and further facilitates customers’ access to our expansive global network,” Coldrey said.

Further, Coldrey said the office will provide Philippine customers access to trading networks like the US, Singapore, South Korea, Germany and China, including Hong Kong.

C.H. Robinson appointed Bobo Yang as the general manager for its Philippine office, delegating her the task of developing regional and international opportunities for clients.