DHL and Mubadala form 5-year strategic logistics partnership

ABU DHABI: DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, and Mubadala Development Company, the Abu Dhabi-based investment and development company, have initiated a strategic partnership for the next five years.

The strategic partnership is designed to bring optimized logistics, speed of change and cost reduction to all assets and customers of Mubadala across the globe in a multi-modal manner.

Approximately 66 percent of the cargo volume transported in the course of Mudabala’s partnership with DHL will be air freight.

With its unique logistics expertise and portfolio, DHL will support globalisation and growth as well as deliver value across Mubadala Aerospace assets, their customers, as well as Abu Dhabi as a whole, by efficiently aligning all logistics related processes, the Emirates News Agency WAM reported.

“Mubadala’s aerospace and information communications technology companies are operating at the heart of global supply chains, where timely and efficient delivery is critical to ensuring competitiveness. As Abu Dhabi’s aerospace cluster develops at the Nibras Al Ain Aerospace Park, with new companies being established with our global OEM partners as well as the expansion of our current businesses, a robust supply chain, supported by DHL, will be an essential part of future success,” said Homaid Al Shimmari, Chief Executive Services, Mubadala.

“With this new strategic partnership, we as DHL can demonstrate our expertise as an innovative lead logistics partner. Our solution enables the end-to-end management of Mubadala’s supply chain creating visibility across all assets in scope,” said Claudio Scandella, DHL CEO Middle East and Africa.