DP World has inaugurated 51 new freight forwarding offices across the Asia Pacific (APAC) region, solidifying its position as an end-to-end supply chain solutions provider. This expansion aims to help businesses navigate the complexities of the world’s fastest-growing logistics market.
The expanded network, focused on air and ocean freight, is backed by DP World’s unrivaled infrastructure, which includes ports and terminals, warehouses, trucks, rail, and vessels. This comprehensive network allows businesses to streamline their supply chains effectively.
Glen Hilton, CEO & Managing Director, Asia Pacific, DP World, stated: “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.”
Beyond managing trade flow through its ports and terminals, DP World is now better positioned to offer a comprehensive suite of logistics services, providing greater flexibility to meet the unique needs of customers across various sectors. In cities where the company already operates a port or terminal facility, this expanded presence allows customers to leverage the existing network for a more seamless flow of goods.
The full range of logistics services 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. The company also offers a variety of value-added services, including embedded trade finance, commodity-specific services, cars in containers, transload, and advanced hubs.
All these services can be accessed through a single digital window, supported by an integrated Global Services Centre manned by over 500 IT specialists. This advanced digital system enables customers to track their goods in real time and manage their cargo journey easily.
Capitalizing on Strong Growth Prospects in APAC
APAC presents the single largest opportunity for businesses, and DP World is poised to help them achieve their ambitions as an end-to-end supply chain solutions provider. The 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, it is also the fastest-growing region in the world in terms of both exports and imports, with over 5% growth each.
Beyond expanding its APAC freight forwarding network, DP World has been strengthening its capabilities in other areas of logistics across the region over the last few months. These initiatives include:
- A US$50 million investment to develop the 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, enhancing connectivity, reducing transit times, and creating cost efficiencies.
