Emirati logistics and transportation company, Aramex, announced it has signed a joint venture agreement with the aim of enhancing the supply chain connectivity along key international trade routes.
Joining forces with AD Ports Group, the exclusive developer and regulator of ports and related infrastructure in Abu Dhabi, the venture will develop and operate a new non-vessel operating common carrier enterprise, in the hopes of developing shipping connectivity across Middle Eastern, Indian and East and West African markets.
Aramex, who has a 49 per cent stake, will provide tailored solutions to freight-forwarding industry players, servicing their ocean-bound container cargo. Its target is 10,000 containers in the short-term with plans to increase the number of containers in the long term.
Earlier this year, Aramex successfully tested drone and roadside bot deliveries in Dubai.