Aramex will convert its Middle East fleet to hybrid vehicles because of soaring fuel costs, its CEO has revealed.

In an exclusive interview with magazine CEO Middle East, Fadi Ghandour said Aramex, the Middle East’s biggest courier company, had been hit hard by rising fuel prices but hybrid vehicles would be 50% cheaper to run than their petrol counterparts.

He said Aramex had already converted its fleets to hybrid in Jordan and to run on natural gas in Egypt and once tests had been completed on the vehicles in the GCC, it hoped to become the first company in the region to run an entirely carbon neutral ground transportation fleet.

“This is a big challenge for the whole transportation industry. ... Read full article