{"id":83205,"date":"2024-02-07T00:00:00","date_gmt":"2024-02-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/07\/aramco-and-dhl-form-supply-chain-jv\/"},"modified":"2024-02-07T00:00:00","modified_gmt":"2024-02-07T00:00:00","slug":"aramco-and-dhl-form-supply-chain-jv","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/07\/aramco-and-dhl-form-supply-chain-jv\/","title":{"rendered":"Aramco and DHL form supply chain JV"},"content":{"rendered":"

Aramco + DHL <\/strong>team up on new supply chain JV:<\/strong> Oil giant Aramco has formed a joint venture with DHL Supply Chain<\/a>, dubbed Advanced Supply Management Operations (ASMO), according to a press release<\/a>. The statement didn\u2019t say how much the new venture will invest or outline a timeline for its plans. <\/p>\n

The JV:<\/strong> ASMO is slated to be the first regional hub for end-to-end supply chain services for the energy, chemical, and industrial sectors, and looks to drive efficiencies, savings, and economies of scale in the procurement, storage, and transportation of goods and services within the Kingdom and the region. <\/p>\n

DHL is making moves in the region: <\/strong>Last week<\/a> saw DHL Global Forwarding<\/a>, the specialized freight arm of DHL Group, complete its full acquisition of shares in Dubai-based freight forwarder Danzas<\/a>. January 2024<\/a> also saw DHL launch its first Boeing 767-300 freighter trip to Qatar\u2019s Hamad International Airport.<\/p>\n","protected":false},"excerpt":{"rendered":"

The JV, dubbed ASMO, is slated to be a regional procurement and logistics hub<\/p>\n","protected":false},"author":1,"featured_media":83206,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2640],"tags":[139,944,10,238,945],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics","tag-aramco","tag-dhl","tag-enterpriseam-ksa","tag-logistics","tag-supply-chains","wpautop","entry"],"acf":{"mongo_id":"02d6c74a-94b5-4b06-a152-15284b5d293e","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/426.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Aramco and DHL form supply chain JV","related_issue":[83191],"teaser":"The JV, dubbed ASMO, is slated to be a regional procurement and logistics hub","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.62949211-b49f-4e41-99f8-16e19dc57652.mp3"},"yoast_head":"\nAramco and DHL form supply chain JV - 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