DP World’s end-to-end logistics capacity in the Asia-Pacific region has been dramatically expanded with the opening of 51 new freight forwarding offices across APAC.
The expanded network has a focus on air and ocean freight and is backed by DP World’s existing infrastructure.
CEO and Managing Director of DP World Asia-Pacific Glen Hilton says the expanded network will help customers navigate the “increasingly complex” supply chain.
“Global trade is in the midst of an unprecedented era of flux in the face of growing geopolitical and economic uncertainty,” Hilton says.
“We have an opportunity to help businesses navigate increasingly complex supply chains as they seek enhanced market access and streamlined by 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.”
DP World’s APAC freight forwarding network has come off the back of extensive strengthening in the region over the past few months.
It lists the region as “the single largest opportunity for businesses to capitalise on”, and is projected to account for 40 per cent of global revenues for contract logistics by 2027.
This year it has also experienced over five per cent growth in both imports and exports.
DP World’s other recent moves to strengthen its APAC presence include:
- The US$50 million investment to develop DP World Busan Logistics Centre in Busan New Port, which will offer comprehensive value-added logistics services and process nearly 80,000 TEUs per year by 2028.
- The acquisition of Savan Logistics operator of Savannakhet dry port located in Laos’ first special economic zone at the heart of the East-West Economic Corridor linking markets across Indochina.
- The introduction of a daily rail service connecting Sydney’s Port Botany to Yennora Intermodal Terminal providing cargo owners in New South Wales with a viable alternative to trucking, while enhancing connectivity, reducing transit times and creating cost efficiencies.
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