DUBAI: June 10, 2016. Aramex says it will sell its Sydney-based MailCall Couriers (right) to Australia Post’s StarTrack Courier.
Aramex and Australia Post will also form a joint-venture targeting the global e-commerce market, with a particular focus on Asia. This joint venture intends to acquire Australia Post’s StarTrack International global e-commerce postal solutions business and build on the service capability of such business.
Hussein Hachem, CEO of Aramex said: “We are delighted to announce this joint venture with Australia Post, and we look forward to combining our resources and expertise to build a compelling global e-commerce delivery platform.”
Ahmed Fahour, MD and Group CEO of Australia Post added: “This alliance with Aramex will help us grow the Australian e-commerce market, capturing more inbound e-commerce parcel volumes and will provide a platform for outbound growth, particularly for Australian small businesses.”
Aramex, which grew its annual revenues by 50 percent over the last four years to $A1.4 billion last year, will help Australia Post grow its e-commerce market, capturing more inbound parcel volumes and providing a platform for outbound growth, particularly for Australian small businesses.
The alliance with Aramex complements Australia Post's existing range of global partnerships, including a joint venture with China Post, Sai Cheng Logistics International and Qantas Freight.