Tag: Aramex

Aramex wins innovative logistics pitch

Posted by | Oct 25, 2007 | |

Aramex will provide global logistics for Terraplana, creator of fashion products from recycled materials.

Aramex won the business following a three-way competitive pitch and is now responsible for all aspects of the Terraplana group’s import and export business, worldwide.

“The diverse nature of Terraplana’s products means we are providing a wide range of value-added logistics including pick and pack, storage and e-commerce distribution on a global basis,” says Aramex’ UK managing director air & ocean, Jim Armour.

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CPL – Aramex plans more acquisitions

Posted by | Oct 4, 2007 | |

Aramex plans to continue buying freight companies in key markets around the world to build up its global network, Osama Fatalleh, senior vice president and chief strategic officer, told the CPL Summit in Barcelona this week.

The Middle East-based freight logistics company wants to become the world’s fifth-largest express player through a mix of subsidiaries, alliance partners and franchises. “Our industry cannot continue to be controlled by four companies on a global scale,” Fatelleh said.

Over the last few years, Aramex had built up a worldwide network through this mixed approach but continued to face the challenge of having partners acquired by one of the big four players, Fatelleh said. In response, Aramex had decided to move from a cooperation model to a financial holding strategy in key markets such as the US, Asia and Central Europe, he said.

At the same time, Aramex was broadening its product portfolio into freight. In future, it was likely to buy freight companies and then widen them with express services since there were now few attractive express companies left to buy, he commented. Aramex also planned to open up its network to smaller local or regional players to give them more opportunity to compete with the big four integrators, he added.

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Aramex net profits surge 36 pct to AED 33.5 million (USD 9.12 million)

Posted by | Jul 29, 2007 | |

Aramex, announced that 2007 second quarter net profits climbed 36 pct to a record breaking AED 33.5 million, compared to AED 24.6 million for the same period in 2006. Revenues soared 21 pct to AED 438 million, from AED 361 million for the same period last year.

The results pushed Aramex’s 2007 half-year net profits up by 39 pct to AED 63.4 million, from AED 45.8 million for the same period last year. Revenues for the first six months of 2007 also registered a very strong 39 pct growth, jumping to AED 837 million, from AED 600 million for the same period in 2006.

Commenting on the results, Fadi Ghandour, Aramex’s Founder and Chief Executive Officer, stressed that the company’s impressive performance “demonstrates our solid leadership in our core markets. All our products are enjoying double digit revenue growth in the Gulf and we have been winning key accounts in the region’s logistics sector.”

Arab Emir. Dirham = 0.27229 US Dollar

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Aramex Delivers for Qatar Foundation

Posted by | Jul 29, 2007 | |

Aramex has recently signed a significant courier service agreement with Qatar Foundation for Education, Science and Community Development.

Through this agreement Aramex will establish an implant office on the Qatar Foundation premises; The Education City, to offer domestic and international delivery of time-sensitive documents, parcels and shipments through its extensive domestic, regional and international network.

Aramex provides a successful portfolio of express services in Qatar. The company’s online tracking system allows customers to have access to up to the minute information on the delivery and collection of their shipments.

“We are proud to sign this agreement with Qatar Foundation that has been at the heart of the educational and social growth in the country. Our people are dedicated to service excellence and we are confident they will perform to the global best practices while maintaining a focus on their deep knowledge of the domestic market in Qatar”, said Mohammad Alkhas, Aramex Qatar Country Manager.

“Through our work station in The Education City, our specialized team will operate in a timely and accurate manner to ensure all shipments, documents and parcels are delivered punctually in and outside Qatar”, added Alkhas.

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Aramex signs courier service agreement with Qatar Foundation

Posted by | Jul 11, 2007 | |

Aramex has recently signed a significant courier service agreement with Qatar Foundation for Education, Science and Community Development.

Through this agreement Aramex will establish an implant office on the Qatar Foundation premises; The Education City, to offer domestic and international delivery of time-sensitive documents, parcels and shipments through its extensive domestic, regional and international network.

Khalid A. Al-Sulaiteen, Director, Materials and Contracts Directorate, Qatar Foundation said: ‘At Qatar Foundation, our mind is set on making Qatar a leading centre of innovation in education and research that will transform the country into a knowledge-based society. Our supplier selection process is governed by key criteria including the merit of the supplier, its capacity to provide innovative solutions in a timely and cost-effective manner. Once on board, we deal with our suppliers with the utmost professionalism and transparency.”

Aramex provides a successful portfolio of express services in Qatar. The company’s online tracking system allows customers to have access to up to the minute information on the delivery and collection of their shipments.

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