The logistics industry in Egypt is currently estimated to be worth 13 billion USD, with a positive outlook for growth as Egypt works towards integrating into the global value chain to become a major trading nation in the Middle East and Africa (MENA) region as well as worldwide. Long term growth for Egypt focuses on tackling economic growth prospects, increased foreign trade and developing transportation infrastructure as part of the Egypt Vision 2030.
The freight and logistics market in Egypt continues to be fragmented, characterized by the lack of a dominant presence and high competition. Global players with a presence in Egypt currently serve primarily ocean, sea, and air freight with some cargo transport across land. Companies such as DB Schenker, Ceva Logistics, DHL, Hellmann Logistics, and Kuehne Nagel serve the aforementioned segments of the logistics market. The maritime transport of goods has been a large focus of many players as the current transportation goes through both the Mediterranean and Red Sea. Local players such a Al-Nasr Service and Maintenance Co, LATT Trading and Shipping SAE, El Salam Group, and Egypt Air Cargo are largely focused on maritime and air freight as well.
A segment that has been underserved in the past is road freight. Businesses are continuously looking for further efficiencies in inland transport from Egypt’s major entry and exit ports to maintain the flows of goods within their supply chains. Egypt’s inland transport is served by two Trans-African highways: the first running along the African coast and running until Dakar, Senegal and the second spanning across the continent to Cape Town. Further government investment prioritized towards expanding national roads aims to increase the utilization and efficiency of these routes. Within inland transport, there continues to be further room for growth to address supply chain disruptions that the global market faces following challenges exacerbated by the COVID-19 pandemic and rising demand for supply chain visibility.
Locally, the continuous rapid growth of Egypt’s construction and consumer goods industry, demand for trucking continues to rise. To address these issues, and promote further opportunities for trade within the MENA region, Naqla has identified a local opportunity to disrupt the Egyptian market.
In 2016, Naqla was established as Egypt’s first trucking platform, utilizing technology to scale up service in an otherwise underserved sub-sector of the industry, and offering container, heavy and light trucking, as well as bulk business transport. Naqla’s platform facilitates the entire shipping transaction through two applications. The first serves the client’s business need whilst the second serves the truck driver, providing supply chain visibility and modernizing a sub-sector that had yet to be transformed using technology available to all in the iOS and Android operating systems. Naqla’s trucking fleet is comprised of a range of 13 different truck types, and its platform provides an immediate quote at a competitive price after analyzing your shipment needs and completing a thorough search to identify the optimum shipment carrier. Naqla continues to disrupt the market by expanding into different offerings complementary to its products and commitment to its truck drivers and their business.
Potential for the rise of further online platforms within MENA region o drive the modernization of the trucking sector within the logistics industry will pose further competition in this market segment. However, Naqla’s commitment to its drivers will see the launch of NAQLA Store, providing automotive items including tires, batteries and spare parts while aiding the financial burden of vehicle maintenance through supportive payment plans. As competition rises, Naqla continues to support the automation of orders, quotations and optimization of routes for transportation.
Stay ahead of the curve, increase the visibility of your supply chain and manage your logistics needs with Naqla today and get your quotation here at competitive prices! Learn more about Naqla’s offering in depth here.
