FedEx and DHL are making strategic commitments in Saudi Arabia, including strengthening logistics capabilities and launching dedicated cargo flights from Europe.
5 reports, 3 independent
Updated Jul 2
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New informationRepeats or wire copies
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What happened
FedEx and DHL are making strategic commitments in Saudi Arabia, including strengthening logistics capabilities and launching dedicated cargo flights from Europe.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.A US company is expanding its operations into Saudi Arabia.1 source
Strategic commitments made by FedEx and DHL regarding operations in Saudi Arabia and Europe.1 source
FedEx secures licenses and establishes hub operations in Saudi Arabia, Kuwait, and Bahrain.1 source
Keep exploring
The entities involved
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Deutsche Post AG
German logistics company
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FedEx
American multinational delivery services company
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Saudi Arabia
country in West Asia
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- A company is looking for expansion and strategic opportunities in Saudi Arabia, while general tensions in the Middle East are impacting global energy prices.
- Strategic partnership established between Saudi Arabia and India.
Coverage
Newest first; wire copies grouped- stockhouse.com
- FreightWavesFedEx deepens presence in Saudi Arabia amid trade growth FedEx Corp. is strengthening its logistics capabilities in Saudi Arabia with new air connectivity from key markets in the West, full ownership
- GuruFocus.comFedEx Breaks Away from Partners--Goes All-In on Saudi Arabia's Logistics Power Play This article first appeared on GuruFocus. FedEx (NYSE:FDX) just made a bold pivot in the Gulf. The global freight g