A 2,000-strong workforce powered Royal Cargo to a P4.3 billion revenue last year
Growth spelled in bold letters best describes the run Royal Cargo has taken in the past four decades of its existence. Literally everything in its track record has surged by the numbers.
The company is leading the way in project and heavy lift, and freight and cold chain solutions, with international presence covering up to 13 countries outside of Philippine headquarters.
A leading end-to-end logistics solutions provider, it basically began with only two employees in the mid-70s. Now, it has over 2,000 employees.
“Passion fueled the dream of building Royal Cargo and serving not just local but international clients as well,” said Royal Cargo founder and Group CEO Michael Raeuber.
That passion is made possible by hard work, professionalism, and executing to perfection the necessary steps towards expansion.
To illustrate the ascending trajectory of its daily business operations, particularly in the last 15 years, the company’s revenue jumped from P165 million in 2003 to P4.3 billion in 2017, with company assets growing from P241.43 million to P4.9 billion and net income from P6.28 million to P638 million during the same period.
It comes as no surprise that Royal Cargo was able to realize one of its long-term investment plans after its first solar-powered cold storage warehouse in the country, located in Binan, Laguna, was completed two years back.
Raeuber expressed, “We are grateful to our people and our clients for believing in what we do and supporting how we do it. We are constantly creating new, differentiated services and heavy investments in this country and we look forward to growing in this market further and continuously develop our solutions and services for many more years to come.”
Back the 90s, the company successfully embarked on the fast-track transport of a power plant in La Union that
addressed power shortages. It led to Raeuber entrusting the leadership of the project and heavy lift operations to his business partner, Elmer Sarmiento.
The business move was a showcase sample that the Filipino multinational company can withstand any challenges in the business and be known in other countries as well.
“We will continue to adapt to changes brought about by technology, market developments and industry trends,” Sarmiento voiced out.
Last year, Royal Cargo, as it continuously invests substantially in ultra-heavy lift cranes and self-driven hydraulic trailers, kicked off the construction of its biggest cold storage facility on a six-hectare property in Plaridel, Bulacan.
As it continues to grow by embracing businesses within its scope of strength, Royal Cargo has fast carved a reputation as pioneer in the country’s cold chain industry. This was initiated after it put out its expanded fleet of refrigerated trucks for frozen and chilled products such as meat and concentrated juices.
On that note Royal Cargo has become by far a trusted name among cold chain solutions specialists, with facilities in Laguna, Paranaque, Cavite and Bulacan. Soon, the historical Mactan in Cebu will be added to the list as a new Royal Cargo facility opens there late this year in time for the company’s 40th anniversary.
Sarmiento boasted, “Royal Cargo is more than just an end-to-end logistics provider. Apart from delivering power plants, cement ball mills, wind mills, we are bringing products that people buy and consume when they go in convenience stores and supermarkets nationwide.”