📈 D P Logistics Renames to David Pieris Logistics; Eyes Asian and Middle Eastern Expansion

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• Strategic Rebranding: D P Logistics Ltd. has officially rebranded as David Pieris Logistics Ltd. (DPL), aligning tightly with the parent David Pieris Group to strengthen its identity as a leading end-to-end logistics and supply chain provider. • Market Position: DPL ranks among the top 10 companies in Sri Lankan warehousing and third-party logistics (3PL) operations, managing one of the largest container fleets in the local logistics & shipping sector despite a fragmented freight forwarding market. • Domestic Expansion: The company has fully integrated Pulsar Shipping Agencies Ltd. (acquired in 2022 from Expolanka Holdings PLC), expanding its capabilities into ship agency, husbandry services, and marine logistics alongside container transport, customs clearance, and warehousing. • Global Footprint: The Group has acquired a 50% stake in Dubai-based Navire Logistics Services L.L.C—including its subsidiaries in Muscat and Salalah, Oman—and established a joint venture in Jeddah, Saudi Arabia, marking a major milestone in regional market penetration. • Outlook: Based on company data, further expansions are actively underway through planned shipping and logistics joint ventures across Sri Lanka, Bangladesh, and other regional geographies.

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