DP World says it has inaugurated 51 new freight forwarding offices across Asia Pacific, bringing the number of its active trading offices globally to 161.
The company says its expanded network is to focus on air and ocean freight.
According to DP World, the Asia Pacific region is the largest and fastest-growing in the world for outsourced logistics, and is projected to account for 40% of global revenues for contract logistics services by 2027. This year, DP World says the region is also the fastest-growing in the world in terms of both exports and imports – at over 5% growth each.
The full range of logistics services offered via the network, says DP World, includes order and origin management, port handling and freight management for ocean and air, as well as at-destination services such as customs clearance and bonded warehousing services. The company also says it offers services including embedded trade finance, commodity-specific services, cars in containers, transload and advanced hubs.
Glen Hilton, CEO & Managing Director, Asia Pacific, DP World, said:
“Global trade is in the midst of an unprecedented era of flux in the face of growing geopolitical and economic uncertainty. We have an opportunity to help businesses navigate increasingly complex supply chains, as they seek enhanced market access and streamlined but resilient logistics from factory floor to customer door. With our expanded regional freight forwarding network backed by decades of experience in managing ports and terminals, our customers can count on us to support them in achieving their growth ambitions.”
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