As a part of its strategic plan, CEVA Logistics has signed a JV with KSA-based Almajdouie Logistics. The JV would mark a major milestone in both companies’ growth strategies. Almajdouie Logistics would benefit from CEVA’s global network, allowing it to serve its growing portfolio of customers with end-to-end integrated logistics solutions anywhere in the world. At the same time, CEVA Logistics would continue building an established and strong presence in the Kingdom of Saudi Arabia to fulfill its regional growth strategy. Once completed, the JV would have around 2,000 employees in KSA and a local fleet of more than 2,000 assets.
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