Universal Network Systems Limited (BlueEx) has signed a contract for domestic air cargo space with Fly Jinnah. According to an announcement sent to the Pakistan Stock Exchange (PSX) by the company, this partnership will give the company with an additional source of revenue and operational advantage to facilitate its clients’ overnight and other express commercial deliveries inside the nation.
Universal Network Systems Limited is engaged in logistics, e-commerce logistics, warehousing, and pertinent e-commerce & logistics operations. It went public on the Pakistan Stock Exchange (PSX) in December of last year, becoming the second firm on its Growth Enterprise Market (GEM) board to raise cash for the purpose of enhancing its in-house technologies and expanding its infrastructure.
This company intends to become a partner with global logistics/courier networks for international express courier and other comparable services, as stated in the Company’s memorandum of association for Europe and other important locations that can feed inbound/outbound commerce.
In order to capitalise on commercial potential on domestic and worldwide markets, the company established a local subsidiary with foreign partners in July of the previous year.