Dubai-based ports and logistics powerhouse DP World has been rapidly expanding its global footprint, unveiling more than 100 new freight forwarding offices worldwide in the past eight months. This move reflects a growing trend among companies like DP World to bolster control over their supply chains in response to various disruptions in the global trade landscape.
The company highlighted the vulnerabilities of the traditional asset-light freight forwarding model, which relies heavily on third-party intermediaries. By establishing its network of offices, DP World aims to mitigate such vulnerabilities and enhance inventory...