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LBC stops cargo shipment services for 5 days

LBC Express, Inc. will temporarily stop its cargo shipment services for five days, from July 12 to 16, as its capacities have already been exceeded.

LBC buys shares in Japanese firm

LBC EXPRESS Holdings, Inc. said on Monday that it bought shares in Japanese shipping company Mermaid Co. Ltd. for $200,000 or P10.1 million.

LBC withdraws application to conduct follow-on offering

LBC Express Holdings, Inc. has withdrawn its application to conduct a follow-on offering with the Securities and Exchange Commission (SEC), citing how the financial statements required for the issuance have already lapsed.

LBC sells QuadX to subsidiary

LBC Express Holdings, Inc. said it is selling its shares in QuadX, Inc. to a subsidiary as part of a plan to refocus the e-commerce firm’s strategy.

LBC acquires courier unit in Malaysia

LBC Express Holdings, Inc. continues to consolidate its international affiliates, as it announced on Wednesday the acquisition of 92.5% of shares in Malaysia-based LBC Mabuhay.

LBC sets aggressive goal of 100 new stores a year until...

LBC Express Holdings, Inc. plans to open 100 stores per year until 2020, while embarking on a three-year program that will digitize its core logistics businesses.

LBC acquires 4 cargo, remittance firms

LBC EXPRESS Holdings, Inc. (LBC) on Thursday said it is acquiring four remittance and cargo companies, which offer LBC services in Australia and Singapore.

LBC acquires remittance, cargo firms abroad

LBC Express Holdings, Inc. has acquired remittance and cargo companies based in Singapore and Australia with the goal of upping its global revenue. In a...

LBC, PDIC seek amicable settlement of case

THE Makati Regional Trial Court (RTC) has granted the joint motion filed by the Philippine Deposit Insurance Corp. (PDIC), LBC Express, Inc. and LBC Development Corp. to postpone the pre-trial to give time for the parties to discuss an amicable settlement.

LBC acquires two logistics firms

LBC Express Holdings, Inc. (LBC) is propping up its logistics business with the acquisition of two firms on Tuesday, March 20, valued at a...

Western Union expands network

By Melissa Luz T. Lopez, Senior Reporter WESTERN UNION has broadened its retail expansion through branches of LBC Express, Inc., as the global money transfer firm rides...