SAB Express is the global service provider for FedEx Express in Saudi Arabia
July 23, 2019: FedEx Corporation’s subsidiary FedEx Express appointed SAB Express (SAB) as the global service provider for its international services, connecting Saudi Arabia with more than 220 countries and territories.
“SAB has been a long-term service provider to TNT business in Saudi Arabia, and following TNT’s acquisition by FedEx, SAB Express became the licensee of FedEx Express in this dynamic market,” said Sheikh Salah Al Bluewi, chairman and CEO, SAB Express.
The company informed through a statement that with a rapidly developing airport, maritime, railway and road infrastructure in the region, Saudi Arabia’s logistics market is valued at $18 billion and is expected to reach $25 billion by 2020.
The company added: “Cargo growth and industry investment is set to continue growing too. A special economic zone is under development at the King Khalid International Airport in Riyadh, focusing on integrated logistics.”
Jack Muhs, regional president of FedEx Express Middle East, Indian Subcontinent and Africa said: “Together, we will ensure that we continue to support the growth of the GCC’s largest logistics market with a connected road network, world-class shipping solutions, access and enhanced connectivity,” he continued.
FedEx Express operates its extensive Middle East Road Network, connecting Saudi Arabia directly to the UAE, Bahrain, Kuwait, Oman and Jordan.
According to the Global Insight Report, in 2018, these six countries accounted for $1.5 trillion in gross domestic product. FedEx Middle East Road Network offers customers day and time definite services with the fastest transit times for road-based delivery.