Aramex splits into express and logistics arms to 'capture growth opportunities'
Aramex is to split its business in two: Aramex Express will focus on e-commerce and ...
PRESS RELEASE: Dubai and Abu Dhabi, UAE – Monday, 21st September 2020: Aramex (DFM: ARMX), a leading global provider of comprehensive logistics and transportation solutions, and Transportr, the fastest-growing digital freight platform in the UAE, today signed a service level agreement whereby Aramex will secure the best possible agreements in terms of rates, transit time and to ensure maximum logistics efficiency for sea freight logistics.
The partnership comes in line with Aramex’s plans to benefit from further expansion into Abu Dhabi’s logistics sector across a key growth market and strategic focus area for the Company’s Freight Forwarding and B2B business segment. Earlier, Ittihad International Investment LLC, a leading private industrial group in Abu Dhabi, has signed an agreement with Transportr to be the service provider for all sea and land transportation requirements of ITTIHAD and its subsidiaries in the GCC.
Commenting on the partnership, Amer Kakish, CEO of Ittihad International Investment, said: “We are delighted to enter into this agreement with Transportr, which will provide us with futuristic digital freight solutions to maximize our logistic efficiency and optimize our overall supply chain cost. The partnership between Aramex and Transportr will enable us to accelerate our transactions and processes while driving more business impact for our customers”.
From his side, Bashar Obeid, CEO of Aramex, said: “We are pleased to become the strategic partner with Transportr and start servicing Abu Dhabi’s leading industrial group, Ittihad International Investment. Together we will be contributing to the advancement and proliferation of the logistics sector in Abu Dhabi, a key area of focus for the Government. Furthermore, this partnership further validates Aramex’s excellent reputation as a reliable, experienced logistics partner providing excellent and highly efficient services to companies and entities across the UAE.”
Alaa Hawari, General Manager of Transportr, said: “At Transportr, we are proud to say that we are one of the fastest-growing digital freight solutions platform in the UAE, thanks to our valuable customers like Ittihad International Investment. We look forward for further expansion in the GCC region in 2021. Our number one priority is to solve decades-old problems of inefficiency in freight movements by providing one-stop platform for all freight requirement services, and by leveraging Aramex’s expertise and deep knowledge, excellent service is certain.”
Earlier this year, Aramex was tapped by Mubadala Healthcare as the logistics partner to help distribute door-to-door critical medical supplies to up to 2,000 patients across the UAE.