Aramex plans diversification, expansion to remain resilient

ABU DHABI, UAE: Aramex, the Emirati multinational logistics company, plans further diversification and strengthen its global network to be resilient to deal with the challenges, such as supply chain disruptions.

Othman Aljeda, Group Chief Executive Officer, Aramex, said: “Over the last few months, we have witnessed an almost complete return to pre-Covid operating environment and are noticing a few trends that we believe will continue to shape the future of our business and drive our growth strategy.

“We will also further diversify and strengthen our global network to remain resilient to economic cycles and supply chain disruptions”.

The company sees a surge in domestic express volumes (courier business) driven by a significant increase in number of retailers opting to tap online sales channel to satisfy the needs of shoppers that have now increased expectations to buy all products, from necessities to luxuries, online.

“Notably, we are seeing very strong growth for our business in Saudi Arabia, where we have been and will continue to invest in expanding and ramping up our operations. We are also seeing increased competition in the last mile across all our geographies, especially from relatively smaller and new players in the market”.

Aramex is also leveraging its strategically located hubs and global network to customize offerings in response to customer needs, to benefit from the uptick in global economic activity.

The Emirati logistics giant, also signed a commitment with the Science Based Target initiates whereby, the company will work within well-defined science-based carbon targets to accelerate the company’s goal towards reducing its emissions in line with the Paris Agreement.

Alaa Saoudi, Chief Operating Officer – Express, said: “We invested in expanding our presence in Saudi Arabia and have opened a new gateway in Riyadh with a fully automated state-of-the-art facility. This will enable us to handle greater volumes in a more timely and efficient manner and to meet customer expectations of shortened delivery windows across the Kingdom”.

Mohammad Alkhas, Chief Operating Officer – Logistics & Freight-forwarding, said: “We are very encouraged by the recovery in economic activity in the GCC and across the world and believe this growth will be sustained for the foreseeable future”.

Aramex is also leveraging data analytics and AI to help better prepare, plan, and optimize operations, as this will be especially beneficial with the approaching very busy peak shopping season.

Since its foundation in 1982, Aramex has grown to become a global leader in the logistics and transportation industry, recognized for its customized and innovative services for businesses and consumers. The company is listed on the Dubai Financial Market (DFM) and headquartered in the UAE. www.aramex.com

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