The transport and logistics industry has become one of the most powerful economic engines in the country.
According to a report published by Ken Research, the logistics industry contributes 4 to 6% to the country’s gross domestic product (GDP). Because of this, the Philippine logistics market is expected to grow at a compound annual growth rate of 8.2% from 2022 to 2027, reaching a market size of P1.160 trillion by 2027.
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