LBC – Transforming into a multi-service company

Incorporated in the 1950s as a brokerage & air cargo service provider, LBC had been evolving into a variety of organizational transformations to catch up with current market trends. In the early 1960s, J. Antonio Araneta purchased the company and operated as an air cargo forwarding business.

In the early ’70s, his son Carlos R. Araneta, responding to market movements that had revolutionized the forwarding business by introducing the principle of time sensitive service.

The service or another term for 24-hour courier service, which also included money remittance services, was offered for delivery anywhere in the country. It was during this period that LBC expanded and increased its Branches from the initial 13 to the current 543, covering practically every city and municipality of the country.

These developments stemmed from LBC’s expertise as a modern courier company with an instinctive commitment to express delivery. With its proven experience in supplying requirements for courier and money remittance services domestically, LBC eyed to serve the essential needs of overseas Filipinos.