RedStar Opens Outlet In Cotonou, Seals Deal With FedEx, TNT

The board of logistics company, Red Star Express Plc, on Monday, told the Nigerian Stock Exchange (NSE) that it has opened an outlet in neighbouring Republic of Benin.
The statement Frances Ndidi Akpomuka, the company secretary and head of Corporate Resources, explained that the outlet “will carry out pickup and delivery of time-sensitive and time-definite shipments within Benin Republic.
Red Star Express, the statement continued, was recently appointed Licensee of FedEx and TNT in Benin and will handle all inbound and outbound packages for both companies in the countries.
The agreement will involve pickups, deliveries and customs clearance of courier materials and bulky freight packages, among others.
“Packages in and out of Benin Republic will flow into FedEx and TNT global network covering over 220,” the statement added.