Tag: Aramex

Interview – Aramex aims to be world's number 5 express operator

Posted by | Oct 9, 2006 | |

Aramex, the Middle East-based independent express company, aims to grow into the world’s fifth-largest express operator through selective acquisitions and by expanding its partner network, a senior executive told CEP-Research.

Although the “Big Four” – DHL, FedEx, UPS and TNT – were clearly “in the premier league”, Aramex wanted to head the “second division” of regional players, Adrian Horsley, Vice-President Express Services, said on the sidelines of last week’s Asia Pacific Mail & Express 2006 conference in Singapore.

The Jordan-based and Dubai-listed company expects its 2006 revenues to grow to US$330 million from USD232 million in 2005, largely due to acquisitions of smaller freight companies in the Middle East and Europe over the last year, Horsley said. In 2005, it generated about 55% of revenues from international and domestic express transport, and about 33% from freight forwarding. The company, whose key markets are the Middle East and India, has some 260 offices in 45 countries in total.

“Our mission is to be recognized as the fifth-largest global distribution player by 2008. With the Global Distribution Alliance, Aramex has a true global international express distribution system that is 95% managed and controlled by us,” Horsley declared.

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ARAMEX awarded "Global Express Delivery Company 2006"

Posted by | Sep 29, 2006 | |

ARAMEX, the leading provider of total transportation solutions, has been presented with the prestigious (Global Express Delivery Company 2006) Award, the industry’s top accolade.

A panel of judges from the influential Institute of Transport Management (ITM), the UK-based international standards-setting organization for the sector, made their decision based on the accomplishments ARAMEX has made in the past year. The Company was nominated by members of the ITM and the general public who submitted their recommendations through the Institute’s Transport Journal and website. The accolade is the most prestigious of the awards given by ITM recognizing outstanding achievement within the express sector.

ARAMEX is already established as the market leader for express services within the MENA and South Asian regions, and is recognized as one of the leading logistics providers in the world. Furthermore, it continues to expand its international operations and presence through a series of ambitious acquisitions. Recently, it added European logistics specialist TwoWay Vanguard to its global logistics capabilities.

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Middle East Logistics 2006

Posted by | Jul 19, 2006 | |

The Middle East Logistics Report 2006 is packed full of useful macro-economic data, providing an ideal background to the growth of the express and logistics industries in the region. Included in the report are statistics on trade, GDP and demographic figures for the region as well as individual countries.

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A survey of logistics: Chain reactions

Posted by | Jun 17, 2006 | |

Delivery companies are consolidating

“WE ARE competing with giants,” says Fadi Ghandour. The Jordanian businessman has first-hand experience of consolidation in the logistics business. He is chief executive of ARAMEX International, which began life as the Middle East partner of a number of American delivery companies. Partnerships and alliances allow operators to link with others to provide services in places where they have no operations of their own. All went well until 2003, when DHL bought Airborne Express, ARAMEX’s chief partner in America. The deal gave DHL a way to compete in the backyard of UPS and FedEx. But for ARAMEX it meant its link to the crucial American market was cut.

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ARAMEX acquires a leading Egyptian freight forwarding company

Posted by | Feb 11, 2006 | |

ARAMEX has announced that it has acquired Egypt-based Freight Professionals, a leading freight forwarding company specializing in air and sea freight.
With this acquisition, ARAMEX will consolidate its presence in Egypt as a major player providing a full, multi-modal transportation link to every country in the world as well as full coverage of the domestic local market. Operational since 1995, Freight Professionals employs 86 people and has offices at Alexandria’s and Cairo’s Airports as well as at Port Said, in addition to its main offices in Cairo. The company also provides customs brokerage services in the respective ports. Mr. Fadi Ghandour, President and Chief Executive Officer of ARAMEX, said: ‘The decision to acquire this excellent freight forwarding company fits perfectly within our strategic direction of solidifying and expanding our presence in the region. Freight Professionals provides us with a clear competitive advantage in the Egyptian market, adding new expertise, specifically in Sea Freight. The synergy of Freight Professionals with ARAMEX in Egypt is strong and will help us provide the market with complete supply chain solutions.’

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