NewsLogistics majors invest, boosting Saudi Arabia’s global hub ambition

October 15, 2024by 0

Saudi Arabia is targeting “global hub” status by the end of the decade and plans to pump some $267bn into its logistics sector, after having attracted some of the industry’s biggest names.
Just a day after the country’s inaugural Global Logistics Forum, Ceva formalised a joint venture with Saudi’s Almajdouie Logistics (Ceva Almajdouie Logistics) to target the growth in domestic supply chain activities.
Ceva CEO Mathieu Friedberg said: “With the Saudi market …

The post Logistics majors invest, boosting Saudi Arabia’s global hub ambition appeared first on The Loadstar.

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