2GO Group, Inc., the Philippines’ largest integrated transportation and logistics provider, has echoed the call of the Department of Transportation (DOTr) for the modernization of the country’s maritime transport and logistics services to boost economic recovery and revive domestic tourism.
“We are committed to supporting the modernization plans of the government and all of the initiatives of the DOTr. As part of this commitment, we acquired two new vessels at the height of the pandemic last year – MV 2GO Maligaya and MV 2GO Masagana which are now two of the country’s largest and fastest vessels which sail at 17 knots which is almost double compared to the industry average,” says 2GO president and CEO Frederic DyBuncio during the recent visit of Department of Transportation secretary Jaime Bautista’s to MV 2GO Maligaya at the Manila North Harbor.
During the visit, the transportation chief underscored the vital role of shipping in moving goods within the business supply chain and in sustaining the country’s economic recovery. He said that with the archipelagic nature of the Philippines, the industry must modernize in order to make mobility of people more convenient and the movement of goods cheaper.
DyBuncio noted that despite the negative impact of the COVID-19 pandemic, 2GO was able to quickly turn around when it delivered a net income of P 109 million in the second quarter and P74 million in net income for the first six months of 2022.
As part of its corporate social responsibility, 2GO actively supported the government’s relief efforts when Typhoon Odette devastated parts of Visayas and Mindanao in December last year, by transporting 500 tons of essential goods port-to-port, free of charge from Manila to Cebu, Tagbilaran, Cagayan de Oro, and Ozamis.
It has also partnered with One Meralco Foundation for the transport of nine basket trucks and Meralco’s linemen and engineers to help restore power in the affected areas of Cebu and Bohol.
A subsidiary of SM Investments Corp., the firm has five business units, namely, 2GO Sea Solutions, 2GO Special Containers, 2GO Logistics, 2GO Express, and 2GO Distribution, which has revolutionized the shipping industry.
It offers multimodal transportation, warehousing and inventory management, distribution, special containers, and project logistics as well as e-commerce logistics, last-mile deliveries, and express courier deliveries. It also provides sea travel, and peripheral logistics such as freight forwarding, import and export processing, and customs brokerage.