Ethiopian, DHL Form Cargo logistics Provider




Ethiopian Airlines and Dalsey, Hillblom & Lynn Global Forwarding, generally known by its acronym DHL, have signed an agreement to form a joint venture company tasked with cargo logistics services in Africa. While the company will be based in Ethiopia, it will have its eye on doing business throughout Africa.

The Joint Venture will be called DHL-Ethiopian Airlines Logistics Services. Amadou Diallo, CEO of DHL Global Forwarding Middle East & Africa and Tewolde Gebremariam, CEO, Ethiopian Airlines Group signed the agreement.

Ethiopian Airlines will obtain a majority stake in the new company and will provide regulatory and operational support, while DHL will integrate air, ocean, and road connections between Ethiopia and the rest of the world.

Pramod Bagalwadi, who has over two decades of experience in management roles within the logistics industry, has been appointed the head of the company. While Ethiopian is a continental player and the largest aviation firm in Ethiopia, DHL is a division of the Deutsche Post DHL, the world’s largest logistics company.



Published on Jul 28,2018 [ Vol 19 ,No 952]


SHARE :
               


Editorial

With a reformist administration in charge of the executive, there has b...


Agenda

The new electricity tariffs that became effective on December 1, 2018,...


Fineline

Who it is that midwifed the rapprochement between E...


Commentary

Ethiopia’s economy is at a crossroads. The same old advice will not s...


Viewpoint

A recent photo between Prime Minister Abiy Ahmed (PhD) and George Soros...


Opinion

The future is bleak. Millennials and younger generations who will inher...


View From Arada

There is heated debate on the propriety, decency and morality of breast...




Business Indicators




ADVERTISEMENT



Editors Pick















//