Market Expansion Prompts Logistics Partnership for Ethiopia
An increased need for export services in Ethiopia has resulted in a strategic logistics and freight forward partnership between APL Logistics, Ltd. and Champion Shipping PLC. APL designated Champion Shipping to support efforts in domestic logistics as well as other associated services for the Ethiopian market.
APL Logistics Regional Vice President for Europe, Middle East and Africa, Jens Sode commented:
“We are excited about the compelling growth prospects in Ethiopia, with rising consumption and rapid diversification of economic activities. With close proximity to Middle East, Europe, U.S. and Asia,
Ethiopia is a strategic location for exporters. We chose to expand our presence to Ethiopia for its well-established infrastructure in terms of road and rail connectivity, especially with the EthiopiaDjibouti corridor as the key conduit for trade. We believe that this expansion will also create an economic environment for Ethiopia’s expanding workforce, through job creation opportunities
amidst a demographic dividend.”
Predictions of increasing business partnerships and the merging of resources is a strategic trend industry players anticipate for the new year as various markets and customer demands increase and fluctuate. With this strategy in place, companies can better gauge the needs of their customers without limitations due to lack of resources and operational restrictions.
Source: APL Logistics, Ltd.