- 15 July 2021
- Transport / Logistics Services
European logistics giant DB Schenker has agreed an MoU with Middle Eastern express delivery and logistics players Aramex to grow its supply chain into Abu Dhabi and the wider Middle East and Africa (MEA) region.
Aramex will benefit by leveraging DB Schenker’s global experience in specialised freight forwarding solutions across multiple industries, boosting Aramex’s offerings in the MEA region including healthcare, infrastructure and defence.
DB Schenker will be able to expand its presence in Abu Dhabi thanks to Aramex’s strong brand identity, knowledge and expertise in the region.
Commenting on the MoU, Othman Aljeda, Chief Executive Officer of Aramex, said: “This is a very exciting strategic partnership that has the potential to unlock more value for existing customers while also enabling us to realize our commercial and diversification goals. Over the several years, we have been strategically focused on enhancing our core freight forwarding business through investment in technologies and expanding on the ground operations with the intention of enhancing our capabilities, capturing greater market share in core markets and diversifying our customer base by penetrating new industry verticals.
By joining forces with DB Schenker, a global logistics company we regard as truly complementary to ours in the region, we will accelerate the realization of our goals in the freight forwarding business. Our alliance will enable Aramex to become a stronger, more competitive player in the sea and air freight forwarding services in Abu Dhabi and other core markets. While we are working on the partnership agreement and will update the market in due course on our final agreement, on behalf of the Aramex team, I look forward to working alongside the DB Schenker team.”
Christopher Smith, Chief Executive Officer of DB Schenker, Middle East & Africa, said: “At DB Schenker, we recognize the immense opportunities emanating from Abu Dhabi and the MEA region. We believe our alliance with Aramex was a natural choice given their history, expertise, knowledge, and extensive network in the region. I am confident that together, we will be able to grow our footprint in Abu Dhabi and the wider MEA region. We are excited about this expansion plan, and we look forward to realizing synergies and scaling our operations in the region to serve our existing major accounts and new potential clients more comprehensively.”