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Victory sees P500-M revenue stream from cargo service

Published Apr 28, 2024 01:21 am

Victory Liner Inc. (VLI), the country’s leading transportation provider, said its no-frills cargo delivery service  “Drop & Go” is expected to contribute at least nine percent to the company’s revenue amid robust demand, but qualified that it has no plans of diversifying into a logistics provider.


“We aim for a nine percent revenue contribution, reaching close to half a billion pesos,” said VLI President Marivic del Pilar in an email interview with Manila Bulletin Business. She, however, did not mention the timeframe for this target.
 

“Drop & Go” is a terminal-to-terminal transportation of goods. “We do not do door to door delivery. Our customers pickup their cargo from our terminal, which makes the pricing low,” she added.
 

Del Pilar said that this cargo service targets micro, small and medium enterprises and individuals, who aim for faster delivery of goods. “Demand is high, and customers appreciate our convenient pickup model,” she added.
 

As a no-frills cargo delivery system, the Drop & Go service ensures next-day delivery across Luzon. The  service caters to businesses, particularly in e-commerce, seeking quick, hassle-free delivery solutions for perishable items or those aiming to enhance customer service. 
 

Acting as a facilitator between sellers and buyers, “Drop & Go” simplifies order fulfillment challenges with its next-day branch-to-branch delivery, leveraging Victory Liner's extensive network in North Luzon.  With its partnership with 2Go, Del Pilar said the VLI service now reaches Visayas and Mindanao. 
 

By offering swift and cost-effective cargo services, VLI said that “Drop & Go” allows businesses to focus on core operations, promoting growth and efficiency. For buyers, the service ensures seamless delivery, enhancing overall customer satisfaction and convenience. 
 

“We launched this service during the pandemic and it is doing well. So far so good,” she added. 
 

Despite the fast-growing cargo delivery service, Del Pilar said they “remain focused on our core business, which is bus transportation." 
 

VLI boasts a formidable fleet of more than 1,000 buses, solidifying its position as one of the largest bus companies in the Philippines. They also continue to enhance their fleet to ensure reliability and passenger comfort. Demonstrating a commitment to modernization, Victory Liner consistently updates its fleet, with redefined bus travel standards. 
 

VLI said it has also revamped its terminals to provide a modern and refreshing atmosphere, characterized by sleek designs and ample lighting, ensuring a comfortable travel experience amidst the bustling activity of bus commuting. 
 

With a rich history spanning 78 years in the transportation industry, VLI said it has established itself as a premier service provider. Over decades, the company has consistently set industry standards by prioritizing customer satisfaction. As VLI continues to innovate and evolve, it remains steadfast in its mission to exceed expectations and uphold its position as the preferred choice for transportation needs.
Recently, the company was recognized as Campaign Asia’s top brand for customer experience.

 

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