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The ML-based platform is also providing the company the ability to have accurate and instant delivery time predictions, using calculations based on seasonality and capacity constraints. As a result of this adoption, Aramex has increased accuracy in shipping-date predictions by 74 percent, and lowered its average processing time for a prediction from 2.
We are focused on enhancing the customer experience and solving industry challenges primarily around address management, volatility in volumes and last mile capacity. We are now starting the full migration of our IT infrastructure to AWS and are excited to realize the full benefits of the cloud. Combining this with our own experience of using ML technology for the transport and logistics of packages with Amazon. In October , Aramex became one of the first companies in the logistics and transport industry to roll out WhatsApp for Business to customers in the form of an AI-based Chatbot.
Net profit was negatively impacted by the amount of AED 8. Our Domestic Express registered outstanding performance and International Express also enjoyed double digit growth. This is a testament to our strong brand, efficient services and increasingly competitive positioning. However, lower yields, mainly on the cross-border International Express business and changes in fulfillment models, moderated our top line figures and profitability. Freight-Forwarding business performance came below expectations as it was affected by the regional economic uncertainty, however, today our efforts continue to be focused on commercial restructuring, which will enable us to grow that business line over the long term.
Our Integrated Logistics and Supply Chain Management business had another great quarter, as a result of our efforts to capitalize on the growing demand for those services, especially from regional retailers wanting to tap omni-channel sales. We remain firmly committed to our strategic business transformation, which includes digital, commercial and operational upgrades to cater to the shifting operating environment and to retain and grow market share across different business lines.
While such major changes pushed operating expenses for the period, over the long term, we are very positive that our transformation will help us improve our margins and help us further diversify our revenue mix. The solid growth was owed to higher demand from e-commerce, the upgrade of our services and expansion of operations in some of our core markets, including Saudi Arabia, UAE and Egypt.
Also, in Q2 , we accelerated our digital transformation efforts.
Today Aramex is leaner and more operationally efficient than ever before. We are implementing technologies that will help reduce transit times and improve delivery accuracy, which will ultimately help us win more new business and enhance operating efficiencies. This led to strong demand for warehousing, sorting, and last mile delivery solutions.
However, we will carry on boosting our investments in last-mile delivery solutions and enhancing our service levels on the ground to ensure Aramex maintains and grows its market share in the Express business. The strategic initiatives to transform our business into a technology-driven enterprise and uplift operational efficiencies will also support our growth. As for the B2B business, we are strategically committed to expanding our commercial capabilities and operations, both in Freight-Forwarding and Integrated Logistics and Supply Chain Management; businesses we believe will contribute favorably to our revenue mix.
Aramex drives better customer service with WhatsApp Business.
Read this interesting case study published by Facebook Business on the utilization of new digital customer touch points. Please enter at least 1 shipment number.get link
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