DHL Global Forwarding and Ethiopian Airlines set up new JV
DHL Global Forwarding and Ethiopian Airlines have agreed to set up new cargo logistics joint venture company.
The new company, DHL-Ethiopian Airlines Logistics Services Ltd., will be based in Ethiopia and do business across the African continent.
In a statement sent to Post&Parcel today (27 July), Tim Scharwath, CEO DHL Global Forwarding, said: “By bundling our global network expertise with Ethiopian Airline’s profound knowledge of the regulatory and operational environment, we are opening up an important access to international trade for Africa’s fastest growing economy and at the same time strengthening our position in the African continent.”
Pramod Bagalwadi, a DHL veteran with over two decades of experience in management roles within the logistics industry, has been appointed to lead the new organization. This will be an additional portfolio for Bagalwadi, who currently leads the Industrial Projects Team for DHL in Sub-Saharan Africa and a strategic business partner for the company in the region.
DHL Global Forwarding and Ethiopian Airlines already have a strong relationship. Since 2010, DHL Global Forwarding has been supporting the maintenance, repair, and overhaul (MRO) operations of Ethiopian Airlines’ commercial segment.