- Targets growing Thai consumer market with regional and cross border e-commerce distribution
Aramex, the leading global logistics and transportation solutions provider, announced that it has launched operations in Thailand. The company has entered into joint venture agreement with Leo Global Logistics, a prominent logistics service provider in Thailand.
Commenting on the joint venture, Othman Aljeda, Chief Executive Officer for Aramex in Asia, said: “I am delighted to announce our official launch in Thailand. This joint venture in Thailand sets the stage for Aramex Thailand to play a key role in continuing our expansion into the South East Asian market and to benefit from our established global network. 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.”
Khanchai Choonhaswadikul, Country Manager of Aramex Thailand said “We are excited to further expand our presence in Thailand and our joint venture with Leo Global Logistics will expand the scale of coverage we provide across the country. With Leo Global Logistics, we are looking forward to strengthening our offering in freight forwarding, express services, e-commerce solutions including Shop and Ship as well as secure records and information management solutions and to becoming one of Thailand’s leading logistics firms.”
The newly launched Aramex Thailand will strengthen Aramex’s South East Asian 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.
In 2015, Aramex Thailand will expand to include 35 employees to serve growing demand for logistics capabilities. 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.
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.