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 18/02/2018, 00:45
air-france-klm-keep-a-hand-in-shaping-the-gameAMSTELVEEN/PARIS: February 16, 2018. The Air France KLM Group has reported a 6.8 percent rise in Q4 2017 cargo revenue to €583 million and €2.087 billion...
Written on 16/02/2018, 21:46
swiss-tv-goes-live-in-south-korea-with-natcoZURICH/ PYEONGCHANG, South Korea: February 16, 2018. Project logistics specialist Natco AG, part of the British TransGlobal Group, has delivered all the...
Written on 15/02/2018, 18:15
ryder-opens-u-s-mexico-border-facilityMIAMI: February 14, 2018. Ryder System has opened a 109,000 sq.ft. logistics facility in Laredo, Texas to support cross-border shipments between the U.S....
Written on 15/02/2018, 16:44
miami-airport-gets-ftz-statusMIAMI: February 15, 2018. The U.S. Department of Commerce has designated Miami International Airport's entire 3,230-acre land parcel as a Foreign Trade...
Written on 14/02/2018, 16:57
jd-com-delivery-for-valentine-s-dayBEIJING: February 14, 2018. China retailer JD.com is selling 18.6 percent of its subsidiary JD Logistics for an estimated US$2.5 billion. The investors...
Written on 13/02/2018, 21:22
delta-cargo-adds-gps-tracking-to-equation-express-productATLANTA: February 13, 2018. Delta Cargo has launched 'Equation Critical', a new service with GPS-tracking for next-flight-out international shipments with...
Written on 13/02/2018, 20:14
valentine-s-day-still-a-growing-demandAALSMEER, The Netherlands: February 13, 2018. Valentine's Day, made official by Pope Gelasius in the fifth century to distract Roman Catholics from a more...
Written on 12/02/2018, 21:16
profit-surge-from-e-commerce-for-aramexDUBAI: February 12, 2018. Logistics provider Aramex has reported a nine percent increase in 2017 revenues to AED4.72 billion and a 14 percent year-on-year...
Written on 12/02/2018, 20:34
more-capacity-sharing-for-heavylift-and-project-cargoHAMBURG/ROTTERDAM: February 12, 2018. RollDock and SAL Heavy Lift are to launch a capacity pool for Roll-On/Roll-Off and Float-In/Float-Out project and...
Written on 11/02/2018, 19:37
g-w-invests-in-cargomaticDARIEN, CT: February 08, 2018. Railroad company Genesee & Wyoming has invested in Cargomatic, a technology platform connecting shippers and truck...
Written on 09/02/2018, 16:07
delta-cargo-expands-pharma-4-serviceATLANTA: February 9, 2018. Delta Cargo has added eight new destinations to its Pharma 4 program for temperature-sensitive shipments including Bogota, Hong...
Written on 08/02/2018, 19:20
ups-adds-midday-express-freight-deliveryATLANTA: February 08, 2018. UPS has added a midday service to its Worldwide Express Freight (WEF) product, offering a delivery time of 12 p.m. or 2 p.m....
Written on 08/02/2018, 14:39
evergreen-orders-eight-11-000-teu-containershipsTAIPEI: February 08, 2018. Evergreen Marine Corporation (EMC) has ordered eight 11,000 TEU containerships from Samsung Heavy Industries (SHI) for delivery...
Written on 07/02/2018, 22:05
emirates-skycargo-to-begin-daily-maastricht-flightDUBAI: February 06, 2018. Emirates SkyCargo has added Maastricht to its scheduled freighter network with an initial two B777 freighter flights a week from...
Written on 07/02/2018, 17:19
heavylift-bucket-delivered-to-angolaANTWERP: February 07, 2018. Heavylift and project cargo specialist Manora Logistics has recently completed the delivery of equipment to the mine and iron...
Written on 07/02/2018, 16:21
vallair-orders-10-a321-freighter-conversions-from-efwSINGAPORE: February 07, 2018. Elbe Flugzeugwerke (EFW), the aircraft conversion joint venture of ST Aerospace and Airbus, is to convert 10 A321 passenger...
Written on 06/02/2018, 22:13
ethiopian-to-begin-chicago-service-via-dublinADDIS ABABA: February 06, 2018. Ethiopian Airlines is to begin a three times weekly B787 service from Addis Ababa to Chicago via Dublin on June 09. The...
Written on 06/02/2018, 21:08
dp-world-reports-10-1-percent-rise-in-2017-volumesDUBAI: February 06, 2018. DP World handled 70.1 million TEU across its global network of container terminals in 2017, with gross volumes growing by 10.1...
Written on 06/02/2018, 20:26
agility-adopts-maersk-ibm-blockchain-solutionBAAR, Switzerland: February 06, 2018. Agility has become the first freight forwarder to collaborate on a Maersk-IBM blockchain-based solution to enable...
Written on 06/02/2018, 17:29
hmm-and-aal-launch-new-mpv-serviceSINGAPORE: February 06, 2018. Multipurpose (MPV) carriers AAL and Hyundai Merchant Marine (HMM) have begun a new liner service between Asia and the Middle...

- powered by Quickchilli.com -