What is Aramex? Aramex Review, Features

What is Aramex? Aramex Review, Features

Aramex was founded in 1982 and is headquartered in the United Arab Emirates. It mainly provides international and domestic express delivery, freight forwarding and logistics supply chain management services. As the most well-known express delivery company in the Middle East, Aramex is the first Middle Eastern company to be listed on NASDAQ, providing comprehensive logistics and transportation solutions worldwide.

About Aramex

Aramex is a leading global integrated logistics solution provider and a professional express company in the Middle East with international express as its core business. Its main businesses include international express, freight forwarding, domestic express, and magazine and newspaper delivery. Aramex Group, headquartered in Dubai, selects local advantageous flight capacity and transports it to Aramex's transshipment center in the United Arab Emirates (Dubai), and then clears customs in Dubai for transshipment and delivery to the Middle East, South Asia and parts of Africa.

· Aramex is a long-established express delivery company in the Middle East with a history of more than 30 years. According to Aramex officials, 80% of local deliveries in the Middle East are completed by them. Aramex's advantage lies in its long-term accumulation. Relying on the historical big data left over from more than 30 years of service in Arab countries, Aramex uses its own system to match the user's actual address through name, phone number, email address, etc., and then delivers the package. In order to solve the problem of unclear addresses, Aramex does not hire a large number of Indians and Pakistanis, but mainly hires local people in the Middle East for delivery. Local people are more familiar with the local area, communication is smoother, and the rejection rate can be effectively reduced.

Aramex is a door-to-door international express company with nearly 20,000 employees, more than 600 offices in more than 70 countries, and a strong alliance network to provide international transportation. Aramex was founded in 1982, listed on NASDAQ in 1997, and listed in Dubai in 2005. It is the first Arab local enterprise to be listed on NASDAQ.

Aramex China

Aramex attaches great importance to the logistics exchanges between China and the Middle East. In early 2012, Aramex and Sinotrans Air Transport Development Co., Ltd. jointly established Sinotrans Aramex (Shanghai) International Air Express Co., Ltd., which is the only official Aramex in China and focuses on providing services for Chinese sellers to explore the Middle East market.

Aramex China has three branches located in Shanghai, Beijing and Guangzhou, providing high-quality logistics and express services to customers at home and abroad.

 

Development History

-In 1982, founder Fadi Ghandour raised some money with his friends and started a mini FedEx to provide express delivery in the Middle East.

-In 1987, Aramex became a customer of FedEx.

-In 1997, Aramex was listed on Nasdaq.

-In 2002, Fadi Ghandour found a Dubai-based private equity fund to privatize Aramex.

-In 2005, Aramex was listed in Dubai.

-In February 2011, Aramex acquired two Kenyan express delivery companies, OneWorld Courier and In-Time Couriers.

-In early 2012, Aramex and Sinotrans Air Transport Development Co., Ltd. jointly established Sinotrans Aramex (Shanghai) International Air Express Co., Ltd.

-In March 2014, Aramex launched Aramex Bio, a medical courier service.

- In June 2014, Aramex acquired Australian courier service Mail Call Couriers, which was acquired by Australia Post in late 2016.

-In 2016, Aramex established a joint venture with AMC Logistics and made a fair value adjustment.

- In 2017, Aramex's full-year operating revenue was US$1.3 billion (AED4.721 billion), an increase of 9% over 2016.

-In 2019, Aramex acquired Saudi Tal for Commerce and Contract Company to expand its presence in Saudi Arabia.

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