Nefretiri Abat
Dublin, CA (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
CaPEx Cargo Padala Express
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Startup
Location:
Manila
Industry:
Transportation
Year Founded:
2011
Number Employees:
100-250 people
Business Stage:
Growth (profitable)
Entity Type:
Incorporated Outside United States
Description:
Cargo Padala Express (CaPEx) Forwarding Services Corporation is a publicly listed corporation registered in Securities and Exchange Commission (SEC), Philippines. It has legally secured government permits and fully authorized to operate as a cargo freight forwarder by Civil Aeronautics Board (CAB) for its air freight as well as by the Philippine Shipper's Bureau (PSB) for its sea freight business transactions. Established in 2011, after 3 years, now it has grown to 18 branches throughout the Philippines. It is currently securing international licensing so that it can expand its business here in the United States of America. Basically, it links producers and consumers through multiple transportation modes, including air and express delivery services, freight rail, maritime transport, and truck transport. It provide tailored logistics and transportation solutions that ensure coordinated goods movement from origin to end user through each supply chain network segment. The income growth consistently exponentially multiplied by 2 every year for the last 3 years. Currently fully owned by brother in the Philippines, he is looking to franchise it out to others including me his sister, US citizen who reside here. I would first do 1 franchise there and then 1 franchise here.