almajdouie-logistics

Ceva signs up for Saudi joint venture

CMA CGM-owned Ceva Logistics has signed a joint venture agreement with Almajdouie Logistics of Saudi Arabia.  The signed agreement now awaits review and approval by regulatory authorities. Ceva would control the majority of the newly established joint venture.   It would target industries ranging from energy and petrochemicals industry to automotive, e-commerce, consumer and retail. And, once completed, would have around 2,000 employees in Saudi Arabia and a local fleet of more ... [+]