Monthly Archives: May 2013

Aramex reports 14 % growth in net profits for First Quarter in 2013

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Dubai, UAE; April 23rd, 2013: Aramex (DFM: ARMX), the global logistics and transportation solutions provider, today announced its financial results for the first quarter of 2013, registering healthy growth in net profits and revenues.

The company’s net profits in the first quarter of 2013 increased to AED 69.4 million, up 14% compared to AED 61 million in the corresponding period of 2012, and the revenues rose to AED 810 million, up from AED 745 million in the first quarter of 2012, representing an increase of 9%.

“Our performance in the first quarter of 2013 was very much on target, with continued strong performance in key markets, resulting in healthy growth in revenues and net profits,” said Hussein Hachem, Aramex’s Chief Executive Officer. “As expected, our operations in core markets, especially in the Gulf Cooperation Council (GCC) countries, continue to grow with healthy margins, and we were very satisfied with the increasing positive contribution of our operations in Africa to the company’s overall performance”.

Hachem added, “We are in continuous evolution at Aramex. With the shifts in global trade patterns towards increasing south-south trade and the better realization of the growth potential of e-commerce in emerging markets, our asset – light business model is evolving to better serve the growing demand from the Business-to-Consumer (B2C) sector with significant changes in our global customer base. We are also maintaining our focus on our stated expansion strategy in growth markets through acquisitions and franchising in addition to our organic growth plans.”

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Blue Dart Sales at Rs. 2,162.06 crores

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Blue Dart Express Limited, South Asia’s number one express air and integrated transportation, distribution and logistics company, today declared its financial results for the fifteen months period ended March 31, 2013, at its Board Meeting held in Mumbai.

The Company has changed its Accounting year to commence from 1st April of every year and to end on 31st March of the following year, to proactively comply with the proposed Companies Bill 2012. Consequent to this, the current accounting period is for the fifteen months period from 1st January, 2012 to 31st March, 2013.

The company posted Rs. 188.66 crores profit after tax for the fifteen months period ended 31st March, 2013. Income from operations for the fifteen months period ended 31st March, 2013 stood at Rs. 2,162.06 million.

Anil Khanna, Managing Director, Blue Dart Express Limited said, “Inspite of the challenging macro-economic environment, we will continue to invest in our customers. Blue Dart continues to enjoy high Customer Satisfaction and Net Promoter Scores in the industry which is a validation of our service excellence and customer delight.”

He further added, “Blue Dart stands for Quality, Consistency, Reliability, Passion and Commitment. I thank every Blue Darter, associates, our customers and stakeholders for their support and trust in our brand. We are delighted to serve in ‘Blue Dart Country’ with a business and human conscience to remain the customer’s First Choice”.

During the fifteen months period ended March 31, 2013, Blue Dart handled over 141.7 million domestic shipments, 1 million international shipments and over 594,900 tonnes of documents and parcels across the nation and 220 countries worldwide.

The Board of Directors has recommended a dividend of Rs. 71/- per share for the fifteen months period ended 31st March, 2013.

Removal Notice of On Time Pune (India) Office

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To All Valued Customers & Partners,

Glad to inform you that our Pune (India) office has been relocated to new office with immediate effect, kindly find the address, telephone and fax nos. as following :

Office No.301, 3rd Floor, Garden Plaza,
Near Five Garden, Aundh Road, Rahati,
Pune – 411017, India.

Tel : +91 020 66302587 / 88 / 89 / 90
Fax : +91 022 3931 3600

Kindly update your record accordingly and thank you for your kind attention.

With best regards,
On Time Group

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Holland Exec enters NC Truck Driving School Hall of Fame

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On Friday, May 10, Holland Account Executive Bob Gorman was proudly inducted into the North Carolina Truck Driving School Hall of Fame. The prestigious award was given as part of a ceremony that kicked off the 74thAnnual North Carolina Truck Driving Championship in Smithfield, NC, and made Bob the 23rd inductee in its history.

The Hall of Fame was established by the North Carolina Truck Driving School(NCTDS) in 1991 “to honor and permanently recognize some of [their] graduates for their contribution, dedication, and commitment to safety.”

Bob enrolled in the North Carolina Truck Driving School in 1971 at the age of 25. He began his career as an over-the-road and local driver and filled a number of roles before becoming an Account Executive for Holland at our Raleigh, NC service center.

“This was a great honor the North Carolina Truck Driving School bestowed on me,” said Bob. “I am so proud to be in the NCTDS Hall of Fame. They gave me the opportunity to start my career in a very positive way.”

In his 15 years with Holland, Bob has stood out as a leader in service and safety. In addition to his work here, Bob is also a commissioner and city council member for Hope Mills, NC, and a USAF veteran with 5 years active service and 19 years in the reserves.

Congratulations to Bob and many thanks for his continued dedication to safety and service.