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DP World has acquired Cargo Services Far East Ltd, enhancing its global supply chain capabilities with services for retail and high-fashion logistics.
DP World has completed the acquisition of Cargo Services Far East Ltd, a global supply chain provider headquartered in Hong Kong. The acquisition process is officially complete, with plans for full integration over the next few months.
Founded in 1989, Cargo Services employs over 2,500 people in Greater China and across Asia, Europe, South Africa and the US.
Cargo Services offers various supply chain management services for retail and high-fashion customers in the US, UK, Europe, South Africa, Australia and New Zealand. It has also expanded its portfolio to provide specialised cruise logistics services globally.
With this acquisition, DP World now has more than 115,000 employees, spread over 800 locations globally. By the end of the year, it will operate more than 200 freight forwarding offices, covering up to 95% of global trade flows.
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