English Arabic Armenian Azerbaijani Chinese (Simplified) Chinese (Traditional) Czech Danish Dutch Estonian Filipino Finnish French Galician Georgian German Greek Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malay Maltese Norwegian Persian Polish Portuguese Russian Slovak Slovenian Spanish Swedish Thai Turkish Ukrainian Vietnamese

Aramex joint venture in Thailand

PRESS RELEASE

November 17, 2014: Aramex, the leading global logistics and transportation solutions provider, today announced its joint venture with Leo Global Logistics, a prominent logistics service provider in Thailand.

The newly launched Aramex Thailand will strengthen Aramex's Asia-Pacific proposition, building on the company's owned operations in Singapore, Malaysia, Indonesia, Hong Kong, China and Australia to help facilitate smooth cross border movement across the region. The joint venture is part of the company's aggressive expansion strategy in global growth markets.

Leo Global Logistics is one of Thailand's foremost logistics firms, offering a wide range of worldwide services including air, sea and land freight forwarding as well as door to door small parcel delivery. Leo Global Logistics will provide Aramex with important import and export logistics capabilities in Thailand and South East Asia. The company has built a reputation in providing comprehensive and dynamic customer solutions, by investing in logistics infrastructure and by establishing robust customs clearance capabilities.

Mirroring Aramex's asset-light business model, Leo Global Logistics has low ownership of fixed warehouse and transportation assets, working with strategic partners in order to maximize efficiencies and reduce costs.

South East Asia is home to more than 542 million people, and with consumers purchasing an increasing number of goods and products online, total e-commerce sales reached $3.65billion in 2013. Aramex is set to take advantage of this growing demand, as the volume of online transactions is predicted to steadily increase across the region.

Annually, the logistics sector in Thailand generates approximately $10billion for the economy, with a current reliance on land freight and transport. With a population of more 65 million and a developing e-commerce platform, Thailand also offers prolific opportunity for Aramex to offer online shopping delivery solutions.

Commenting on the joint venture, Hussein Hachem, Chief Executive Officer of Aramex said: "I am delighted to announce this joint venture in Thailand, which sets the stage for Aramex Thailand to play a key role in continuing our expansion into the Asia Pacific market and to benefit from our established global network. The performances of our operations throughout Asia-Pacific this year have been very encouraging overall; we recently announced record growth figures for Aramex, and our expansion into global markets such as Thailand is a key contributor to this."

Othman Aljeda, Chief Executive Officer for Aramex in Asia, said: "Leo Global Logistics has extensive industry and market experience in the region with an excellent management team who has significant first-hand knowledge and expertise. The company is perfectly aligned with Aramex's business strategy and model I'm sure they will bring significant added value to our existing operations in South East Asia."

Kettivit Sittisoontornwong, President and CEO of Leo Global Logistics commented: "We are very proud of the business we have built in Thailand over the years, becoming one of Thailand's leading logistics firms and look forward to working closely with Aramex to strengthen our offering in freight forwarding, express services, ecommerce solutions including Shop and Ship as well as secure records and information management solutions. Aramex has a strong global network and international expertise and this joint venture complements our dedication to continuously providing both our existing and new customers in Thailand with comprehensive integrated total logistics solutions."

More News

Written on 21/04/2017, 15:35
walmart-launches-gigaton-elimination-goalBENTONVILLE, AR: April 20, 2017. Walmart has launched 'Project Gigaton' to encourage its suppliers to help eliminate one billion tonnes of greenhouse gas...
Written on 20/04/2017, 19:00
samskip-grows-perishables-businessROTTERDAM: April 20, 2017. Samskip is to acquire New Jersey-based freight forwarder Rimar Consultants to expand the perishables business of its U.S....
Written on 19/04/2017, 21:26
airbus-to-trial-autonomous-drone-with-singapore-postSINGAPORE: April 18, 2017. Airbus Helicopters and Singapore Post (SingPost) are to begin trials of the Airbus Skyways drone project at the National...
Written on 18/04/2017, 21:39
niledutch-uses-ai-for-predictive-logisticsSAN FRANCISCO/ROTTERDAM. April 18, 2017. Africa box carrier and breakbulk specialist NileDutch is to use ClearMetal AI and predictive logistics technology...
Written on 18/04/2017, 18:29
united-airlines-arrives-at-watershed-momentCHICAGO: April 17, 2017. United Airlines has reported a 69.3 percent drop in net income to US$96 million for the first quarter of 2017, on a 2.7 percent...
Written on 18/04/2017, 17:54
teamsters-reach-new-airline-agreementsPURCHASE, NY: April 17, 2017. Teamsters union flight dispatchers at Atlas Air and Polar Air Cargo have voted to extend their contract with the two...
Written on 13/04/2017, 14:25
not-your-usual-award-ceremonyAMSTERDAM: April 12, 2017. The Royal Schiphol Group has recognized its business partners who have distinguished themselves through innovative business...
Written on 12/04/2017, 20:51
deutsche-post-doubles-electric-mail-fleetBONN: April 11, 2017. Deutsche Post DHL is to expand production of its StreetScooter postal service electric van from 10,000 to 20,000 units in response...
Written on 12/04/2017, 19:07
delta-cargo-weathers-2017-first-quarterATLANTA: April 12, 2017. Delta Air Lines has reported a 36 percent fall in net income to US$603 million for the first quarter of 2017 compared to the...
Written on 11/04/2017, 20:50
russia-to-begin-all-weather-lng-shipping-via-northern-sea-routeSABETTA, Russia: April 11, 2017. The world's first ice-breaking LNG tanker, named after former Total head Christophe de Margerie, has berthed at Russia's...
Written on 11/04/2017, 20:48
first-uk-export-train-leaves-london-for-chinaLONDON: April 10, 2017. The first ever container train from the UK to China has left DP World's London Gateway port pulled by DB Cargo with British...
Written on 11/04/2017, 20:42
antonov-compresses-shipment-to-incheonLONDON, STANSTED: April 11, 2017. Antonov Airlines has delivered three compressors wieghing 23 tonnes each on an AN-124 aircraft from London Stansted to...
Written on 11/04/2017, 20:23
turkish-cargo-rewards-loyal-customersISTANBUL: April 10, 2017. Coincident with its move to larger offices in Hong Kong, Turkish Cargo has been recognizing its customers in the autonomous...
Written on 06/04/2017, 22:55
air-asia-to-launch-vietnam-airlineKUALA LUMPUR: April 06, 2017. Air Asia is to launch a low-cost carrier in Vietnam together with local shareholders Gumin Company, Tran Trong Kien, and the...
Written on 06/04/2017, 22:40
pos-malaysia-adds-tigers-at-kuala-lumpurHONG KONG: April 05, 2017. Supply chain specialist Tigers Ltd has signed a cooperation agreement with national postal provider Pos Malaysia to manage its...
Written on 04/04/2017, 15:53
saudi-arabia-joins-antonov-test-flightsKYIV, Ukraine: April 04, 2017: Antonov Airlines has begun a test flight program for a new AN-132D multipurpose aircraft destined for use in Saudi...
Written on 04/04/2017, 15:26
ups-launches-saturday-serviceATLANTA/ARLINGTON, TX: April 04, 2017. UPS has launched a Saturday ground pick-up and delivery service in the U.S. that is expected to create over 6,000...
Written on 04/04/2017, 14:24
new-perishables-service-from-emiratesDUBAI: April 03, 2017. Emirates SkyCargo has launched Emirates SkyFresh for the shipment of fresh consumables and perishables. The airline said the new...
Written on 03/04/2017, 17:20
qatar-airways-begins-a330-freighter-to-phnom-penhDOHA: April 03, 2017. Qatar Airways has begun a weekly A330 freighter service to Phnom Penh, Cambodia. The majority of the uplift will be garments -...
Written on 30/03/2017, 22:32
miami-favors-environment-over-fossil-fuelMIAMI: March 30, 2017. A day after Donald Trump signed his latest executive order to roll back the Clean Power Act in favor of fossil fuels, Airports...

- powered by Quickchilli.com -