Red Star Express Plc (REDSTAREX)

About Red Star Express Plc (REDSTAREX)

Red Star Express Plc, together with its subsidiaries, provides logistics solutions in Nigeria. The company operates through four segments: Courier Service, Freight Services, Logistics, and Support Services. It offers international and domestic express delivery of documents and parcels; air and sea freight services, including dangerous goods handling, clearing and forwarding, general cargo agent services, dedicated or part aircraft charters, warehousing and distribution, and cargo handling and documentation; and information and document management solutions. The company also provides warehousing services, such as order processing and fulfillment, pick and pack, special handling, inventory visibility within the warehouses, warehouse and inventory management, bonded warehousing, security capabilities, sales and credit administration, and cross docking, as well as value added warehousing services; packaging services; food delivery; agriculture logistics; and e-commerce solutions comprising direct merchant and prepaid shipping, payment on delivery, long haul, drop-off and pick-up locations services, and retrieval services. In addition, it offers logistics services, which include less than truck load and truck load, home and office relocation, and collateral warehousing; outsourcing services, such as mailroom management, executive driver services, outsourced staff bus shuttle, archival management, and vehicle pool management services, as well as training and recruitment services; freight and custom clearance; and dispatch and haulage services. The company was incorporated in 1992 and is headquartered in Lagos, Nigeria.