Locate2u the Company & its Products ▾

Locate2u Pulse is a software platform designed for any delivery or service business. Learn more here.

Locate2u News

Locate2u News offers up-to-date logistics and e-commerce insights from across the globe, keeping you informed on industry trends and developments.

Locate2u Pulse

Locate2u is a software platform designed for any delivery or service business. Our solution helps these businesses improve their route efficiency, improve their customer’s delivery experience, and increase productivity, all while reducing the time it takes to plan routes.

DP World expands into retail and fashion logistics

DP World expands into retail and fashion logistics
DP World expands into retail and fashion logistics
Share this article

Logistics giant DP World is entering the retail and fashion logistics space. This follows its acquisition of Cargo Services Far East Ltd., a global supply chain provider headquartered in Hong Kong. 

Sultan Ahmed bin Sulayem, group chairman and CEO of DP World, says Cargo Services’ logistics expertise and global network perfectly complement the company’s footprint.

Why does this matter? This addition to DP World’s portfolio will allow the business to strengthen its ability to deliver specialized logistic solutions for the retail and fashion sectors. 

Who is Cargo Services? 

Cargo Services, founded in 1989, was one of the first foreign logistics companies to enter China. Over the years, it has developed a wide range of services, including ocean and air freight, warehousing, and managing supply chains for various industries. 

They offer specialized services for retail and high-fashion customers in the US, UK, Europe, South Africa, Australia, and New Zealand, and have also expanded to provide cruise logistics worldwide.

Apparel supply chain market growth 

Grand View Research reports the rising demand for apparel from the fashion sector. The expansion of online retail channels is expected to drive the global apparel supply chain market. 

The industry is seeing brands focus on logistics operations. In June, global sportswear brand, Verity, an AI and robotics company, teamed up to improve warehouse operations and inventory management.

They aim to provide real-time inventory tracking by using fully autonomous drones in warehouses. This will reduce stockouts, misplaced items, and shrinkage, ensuring accurate and efficient order fulfillment for retail and e-commerce.

DP Word’s business developments 

In announcing the acquisition, DP World’s LinkedIn gives the public a glimpse into this milestone company development. “Our recent acquisition of Cargo Services Far East Ltd. is a strategic move to deepen our logistics capabilities in the retail, fashion, and cruise sectors,” reads the post

In December, the company broke ground for a new container park in Brisbane. The state-of-the-art facility is located on Fisherman Islands. The logistics giant highlights the port’s key role in boosting growth in Queensland. 

IMARC reports the freight and logistics market in Australia is experiencing dynamic growth. One major driver is the booming e-commerce sector, which has significantly increased the demand for efficient logistics to keep up with the rising needs of online shoppers. 

At the same time, technological advancements have brought about a new level of efficiency, with innovations such as real-time tracking, automation, and data analytics improving supply chain operations.

NOW READ: FedEx opens new high-tech facility in Australia

Photo Credit: DP World

Share this article

About the author

Sharl Els

Sharl is a qualified journalist. He has over 10 years’ experience in the media industry, including positions as an editor of a magazine and Business Editor of a daily newspaper. Sharl also has experience in logistics specifically operations, where he worked with global food aid organisations distributing food into Africa. Sharl enjoys writing business stories and human interest pieces.

Capterra Pixel