Sign in
DP World expands global freight forwarding network: UAE-based port operator DP World has added upwards of 100 offices to its global freight forwarding network as the outfit looks to offer flexible and resilient supply chain solutions to clients worldwide, according to a statement. The freight forwarding network expansion comes against a backdrop of increased trade disruptions from climate change, geopolitical turmoil, and macroeconomic shocks with the company aiming to build a network to cover over 90% of global trade, DP Logistics division CCO Beat Simon said in the statement.
DP World’s network offers the full suite of end-to-end supply chain services, including order and origin management, port handling, sea and air freight management, as well as at-destination services including customs, drayage, logistics, last-mile delivery, deconsolidation and bonded warehousing services, with the full range of services accessible via a single digital window, the statement notes.
A more hands-on approach: The latest expansion spree comes as businesses look to take a more hands-on approach to their supply chains, with the classic asset-light freight forwarding model that saw supply chain management outsourced to third parties falling out of vogue due to vulnerabilities to disruptions, with knock-on effects on firms’ inventory and fulfillment planning, the statement notes. DP World’s expanded network leverages a ‘toolbox’ of assets and capabilities, including DP World-managed ports, terminals, warehouses, trucking, railway, and shipping assets, as well as digital technology and partnerships, to boost client oversight and supply chain resilience.
