Braces for a tough year ahead: Yanson Group assures public of reliable transport service
CEBU, Philippines — Inland transport giant Yanson Group of Bus Companies (YGBC), the operator of Ceres Transport has committed to continuously provide reliable public transport services in any of their respective routes amid a challenging year ahead.
This commitment was made by the newly re-elected chairman and president of Vallacar Transit Inc. (VTI) Leo Rey Yanson during VTI’s recent stockholders meeting.
VTI is one of the affiliate companies under the YGBC, one of the largest transport providers in the country.
The Yanson family matriarch, Olivia V. Yanson, presided over the meeting on December 2, 2023, in her dual roles as co-founder and court-appointed special administrator of the estate of her late husband Ricardo B. Yanson Sr., co-founder of YGBC.
A Bacolod court appointed Olivia to the administrator role in October 2021.
The couple established YGBC in 1968. The meeting, held at the company's headquarters in Bacolod City, saw the re-election of Olivia, Leo Rey, Ginnette Y. Dumancas, Charles M. Dumancas, Anita G. Chua, Arvin John V. Villaruel, and Daniel Nicolas Golez to the board of directors. Following the meeting, the board re-appointed Leo Rey as VTI's chairman and president and Olivia as corporate secretary and treasurer.
The Bacolod-based Yanson Group, whose units ply across Luzon, Visayas, and Mindanao operates a fleet of over 4,000 buses with more than 18,000 employees across the country.
The company operates and owns Ceres Liner Travel and Tours, Inc., Ceres Transport, Inc., Mindanao Star Bus Transport, Inc., Bachelor Express, Inc., Southern Star Bus Transport Inc., Gold Star Bus Transit, Inc., and Rural Transit (Mindanao) Inc. — (FREEMAN)
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