LBC Express' Predecessor In 24 Hour Delivery Service

LBC Express, or Luzon Brokerage Corporation, isstarted to offer their own overnight delivery
one of the many courier companies in theservices.
Philippines that first introduced the service 24hourDHL Expess' main competitor in the market was
package delivery philippines. Through this services,Federal Express (FedEx), which didn't open its first
LBC Express grew from a simple broker, to a fullinternational service until 1981, expanding to
scale freighter company that mainly provideToronto, Ontario, Canada. Nevertheless, the
service to Filipinos working abroad or OFWsdomestic market was extremely profitable, and
(overseas Filipino workers). However, LBCDHL was the third largest courier behind FedEx
Express weren't the only company thatand the UPS.
introduced the 24 hour packages deliveryDHL turned their attention to the overnight
philippines. DHL Express, an international couriermarket in the US, following the success of FedEx,
company, have also provided OFWs fasterand opened a major distribution hub in Cincinnati in
delivery services in the past, before FedEx have1983. However, DHL was never able to
even provided the same service.overcome FedEx's head start, capturing only 6%
It was in the 1970s that DHL first introduced theof the domestic market. In comparison, at the
24 hour delivery service, or overnight deliverysame time they were by far the largest
service, across the world. One of the many Asianinternational carrier, with 40% of that market. By
countries that DHL Express served with thisthe late 1980s the domestic operations were
service is the Philippines. DHL Express providedlosing money, while the foreign operations
24hour package delivery philippines for OFWscontinued to account for 2/3rds of the company's
wanting to send their packages faster. Thisincome. A European hub opened in Brussels in
service, however, was short lived when FedEx1985.