2024-10-22 08:59

CEVA Logistics, Almajdouie Logistics Finalize Creation of Joint Venture in Saudi Arabia



CEVA Logistics, a global leader in third-party logistics, and Almajdouie Logistics, a leading end-to-end logistics solutions provider in the Middle East, signed the final agreement yesterday to create a joint venture in the Kingdom of Saudi Arabia (KSA). The signing took place during the inaugural Global Logistics Forum in Riyadh.
 
First announced in July 2024 and subsequently approved by the relevant Saudi authorities, the newly created joint venture—CEVA Almajdouie Logistics—will leverage the strengths of both companies to meet the growing demand for integrated logistics solutions in Saudi Arabia to support the Kingdom’s growing logistics sector and overall economy. CEVA Logistics controls a majority stake of the joint venture.
 
With a presence in Saudi Arabia since the 1980s, CEVA Logistics has collaborated with Almajdouie Logistics for years, including in a separate joint venture addressing the finished vehicle logistics market.
 
Now, CEVA Almajdouie Logistics combines both companies’ transport and logistics operations in Saudi Arabia. Customers will benefit from Almajdouie’s domestic infrastructure integrated with CEVA’s global network. Headquartered in Damman, the joint venture organization will be led by CEO Bassel El Dabbagh, with around 2,000 employees in KSA and a local fleet of more than 2,000 assets.    
 
Mohammed Almajdouie, chairman, CEVA Almajdouie Logistics, said: “At Almajdouie Holding, our logistics arm has been growing in tandem with the local economy. We have been involved in the logistics sector since the early stages of the Kingdom’s development, serving major industries and contributing to the country’s rapid transformation. We are confident that now is the right time to join forces with a global logistics leader and offer truly integrated global services to our customers. Our JV with CEVA Logistics marks the beginning of a new chapter that strengthens the global reach of Saudi businesses. We are proud to align our growth with the nation’s Vision 2030 goals and are eager to continue playing a key role in Saudi Arabia’s transformation.”
 
Mathieu Friedberg, CEO of CEVA Logistics, said: “With the Saudi market experiencing significant growth, seamless logistics and global connectivity are essential for the domestic economy. Both companies contributing to this joint venture have a shared vision for growth and a commitment to providing our customers with world-class logistics services. Our partner’s existing business and reputation in KSA will ensure the JV starts off as one of the top five logistics players in the Kingdom of Saudi Arabia. We see the deal as a strong, strategic move for both partners and great news for our customers.”  

< Korea Shipping Gazette >
로그인 후 작성 가능합니다.

0/250

확인
맨위로
맨위로

선박운항스케줄

인기 스케줄

  • BUSAN NHAVA SHEVA

    선박운항스케줄 목록 - 선박운항스케줄목록으로 Vessel, D-Date, A-Date, Agent를 나타내는 테이블입니다.
    Vessel D-Date A-Date Agent
    Wan Hai 353 11/13 12/12 Wan hai
    X-press Phoenix 11/14 12/01 FARMKO GLS
    X-press Phoenix 11/15 11/16 HS SHIPPING
  • BUSAN JEBEL ALI

    선박운항스케줄 목록 - 선박운항스케줄목록으로 Vessel, D-Date, A-Date, Agent를 나타내는 테이블입니다.
    Vessel D-Date A-Date Agent
    Esl Busan 11/13 12/07 T.S. Line Ltd
    Wan Hai 313 11/13 12/09 Wan hai
    Hyundai Colombo 11/14 12/17 Always Blue Sea & Air
  • BUSAN HOCHIMINH

    선박운항스케줄 목록 - 선박운항스케줄목록으로 Vessel, D-Date, A-Date, Agent를 나타내는 테이블입니다.
    Vessel D-Date A-Date Agent
    Sawasdee Deneb 11/13 11/19 H.S. Line
    Kmtc Singapore 11/13 11/19 Sinokor
    Sawasdee Spica 11/13 11/19 KMTC
  • BUSAN CHENNAI

    선박운항스케줄 목록 - 선박운항스케줄목록으로 Vessel, D-Date, A-Date, Agent를 나타내는 테이블입니다.
    Vessel D-Date A-Date Agent
    Ren Jian 23 11/13 12/03 Doowoo
    Wan Hai 353 11/13 12/03 Wan hai
    Wan Hai 353 11/13 12/04 KOREA SHIPPING
  • BUSAN UMM QASR

    선박운항스케줄 목록 - 선박운항스케줄목록으로 Vessel, D-Date, A-Date, Agent를 나타내는 테이블입니다.
    Vessel D-Date A-Date Agent
    Wan Hai 313 11/13 12/14 Wan hai
    Esl Busan 11/15 12/13 FARMKO GLS
    Msc Cristina 11/15 12/19 MSC Korea
출발항
도착항
광고 문의
뉴스제보
포워딩 콘솔서비스(포워딩 전문업체를 알려드립니다.)
자유게시판
추천사이트
인터넷신문

BUSAN OSAKA

선박명 항차번호 출항일 도착항 도착일 Line Agent
x

스케줄 검색은 유료서비스입니다.
유료서비스를 이용하시면 더 많은 스케줄과
다양한 정보를 보실 수 있습니다.

로그인