PHILTRANCO

Philtranco was established in 1914 when Mr. Albert Louis Ammen and Mr. Max Blouse organized the AL Ammen Transportation Company (ALATCO), operating passenger buses from Iriga to Naga. In 1958, ownership was transferred to the Tuason family, and just before Martial Law, in 1971, to the Mantrade Group. It was then known as Pantranco South Express, Inc. (PSEI) Creditors took over and re-engineered the company in 1974, enabling a financial turnaround despite the series of financial setbacks that hit the country in the eighties.By 1979, the company expanded its coverage to the eastern Visayas region and went into ferry operations at the San Bernardino Strait three years after. Read More