(Bonn, Germany) — DHL Group said Monday it launched launched ASMO, a supply chain service in Saudi Arabia in a joint venture with Aramco.
The agreement was reached to meet the growing demand for sustainable and efficient supply chain services in the region. ASMO also reflects the expanding market potential of Saudi Arabia as a global trade gateway for the energy, chemical, and industrial sectors, DHL Group said.
Mr. Salem Al Huraish, Chairman of ASMO, commented: “We have formed ASMO, with the vision to establish sustainable solutions for the modern supply chain challenges we all face. In forming this strategically powerful alliance, which harnesses Aramco’s energy ecosystem and DHL’s logistics expertise, we are intent on creating value by driving efficiencies and enhancing the reliability of supplies, making them less vulnerable to disruptions, while focusing on sustainability and lowering carbon emissions.”
DHL Press Release from Monday