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NMC, LSC forms JV for cargo-handling chores

Sister firms Lorenzo Shipping Corp. (LSC) and NMC Container Lines (NMC) have formed a joint venture to handle all the companies’ cargo handling chores nationwide. The JV, which will be named One Team Services, Inc., will be a 50-50 sharing agreement between the two Magsaysay-owned local cargo handling operators. “One Team Services, Inc. will develop competencies to eventually handle the…