CEVA, Almajdouie sign JV agreement
NewsCEVA Logistics and Almajdouie Logistics have formed a joint venture in Saudi Arabia, pending regulatory approval, and targeting various markets.
Abu Dhabi-based Etihad Rail, which is developing and will operate the rail network in the UAE, neighbouring Oman, has just signed up the supply chain management group CEVA Logistics. The company now has more than 50 Memoranda of Understanding in place, and a platform that it believes will result in significant volumes of cargo being moved, as soon as the system is commissioned.
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