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 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 … [Read more...] about CEVA Logistics, Almajdouie Logistics finalise creation of joint venture in Saudi Arabia
CEVA Logistics
CEVA Logistics, Almajdouie Logistics sign joint venture in Saudi Arabia
As a part of its strategic plan, CEVA Logistics announced that it has signed a Joint Venture (JV) agreement with Almajdouie Logistics, one of the leading logistics providers in the Kingdom of Saudi Arabia (KSA). The signed agreement now awaits review and approval by the necessary regulatory authorities. CEVA Logistics would control the majority of the newly established joint venture. Strategic move for both sides The JV would mark a major milestone in both companies’ growth strategies. … [Read more...] about CEVA Logistics, Almajdouie Logistics sign joint venture in Saudi Arabia
CEVA Logistics continues strategic transformation, grows core products by integrating Bolloré Logistics
CEVA Logistics, the logistics subsidiary of the CMA CGM Group, announced a new vertical organization aimed at allowing its customers to more easily benefit from its global logistics capabilities across its breadth of services in air, ocean, ground and rail transport, contract logistics, finished vehicle logistics, project logistics and customs solutions. CEVA will soon begin the process of welcoming Bolloré Logistics into its new product-driven organizational model. Bolloré Logistics was … [Read more...] about CEVA Logistics continues strategic transformation, grows core products by integrating Bolloré Logistics
CEVA forms new org to drive auto logistics
CEVA Logistics is eyeing to finish within the top 3 logistics players (3PL) across the globe as the company continued its integration with GEFCO, which specializes in finished vehicle logistics (FVL). The transport and logistics player, backed by parent company CMA CGM Group who bought GEFCO in July 2022, has formed a dedicated FVL organisation as it plans to become a global leader in automotive logistics. CEVA said GEFCO, created by French automaker Peugeot in 1949, has been … [Read more...] about CEVA forms new org to drive auto logistics
CEVA deploys electric vehicles for Decathlon
Press release CEVA Logistics is connecting sports enthusiasts in Thailand with Decathlon products thanks to an expanded fleet of electric vehicles. The fleet of three electric vans and two electric straight trucks are supporting Decathlon’s growth in Thailand while reducing annual CO2 emissions by more than 100,000 kilograms. Expanding logistics to support growing operations Decathlon is one of the world’s largest sporting goods retailers, based in France and currently present in 56 … [Read more...] about CEVA deploys electric vehicles for Decathlon
CEVA Logistics opens new office in Bahrain
CEVA Logistics is expanding its presence across the Middle East with a new office in Bahrain. Located in Manama, the new office will offer a full range of air, ocean, ground and contract logistics services. CEVA Logistics’ revenue in the region grew 30 percent last year, and the forwarder expects its local presence to accelerate its growth in key industries and to support end-to-end deliveries and last-mile service. CEVA Logistics' direct presence in the Middle East now includes Bahrain, … [Read more...] about CEVA Logistics opens new office in Bahrain