Aramex (ARMX) couriers are using the Dubai Metro. Excellent! Maybe it doesn't affect Aramex share price much but it just sounds like such a good idea, and great PR for Aramex. There were a couple of photos with the press release of the Aramex courier dragging a trolley bag onto the metro.
Press Release 14 October 2009:
Aramex expands express delivery channels to include Dubai Metro
In line with strategy to tap into emirate’s growing public transport infrastructure to boost efficiency and reliability
Bur Dubai and DIFC among areas covered by Metro-based delivery channel
Dubai, October 14, 2009: In line with its commitment to innovation and dynamism in its operations, Aramex (ARMX), the global logistics and transportation solutions provider, has expanded its delivery channels for local express services within the emirate of Dubai to include the recently launched Dubai Metro. The new transport route complements Aramex’s existing ground fleet for express consignments, boosting overall efficiency and reliability of services for those routes that are currently inhibited by heavy vehicular traffic.
As part of the Metro-based express channel, more than five Aramex courier representatives transport express consignments in special trolley bags that comply with Dubai Metro rules for baggage transport, with each courier handling over 70 express shipments. The areas covered by the Metro-based couriers currently include Bank Street in Bur Dubai and Dubai International Financial Centre. The consignments are loaded at the Metro station at Deira City Centre, then transported to various destinations within Dubai.
“Delivering express consignments by Metro is in line with our strategy to tap into the emirate’s growing public transport infrastructure to boost the efficiency and reliability of our express services,” said Hussain Hachem, Aramex Chief Executive Officer for the Gulf. “At Aramex, we follow a very flexible operational strategy, enabling us to make optimal use of both internal and external resources to enhance quality of our services. Employing the transport capacity offered by the Dubai Metro also enables us to be more environment-friendly and reduce our carbon footprint by a small amount. We look forward to expanding this channel of express transport over the coming months.”
well, May be it has effected share pice, during last three sessions Aramex was one of the best performers.
Normally trdaers forget about it when other blue chips like Emaar.DFM,ARTC doing good and it always lag behind but this time it was in line with them.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum
Disclaimer: Investing in stocks is risky, you can lose some or all of your money and/or other assets. Anything you read on this site should be regarded as the opinion of the author only and is not to be taken as advice to buy, sell, or hold stocks and/or any other investments. Seek professional advice and do your due diligence before making investment decisions. In particular, do not assume anything you read on this site is correct or accurate. You should accept that only you can be responsible for any investing decisions you make.
2008 FY
FAQ
Search
Print-friendly
Profile
Private messages
Register
Log in
