SAB Express (SAB), the long-serving TNT Express partner in Saudi Arabia, has now taken over as the FedEx Express global service provider in the kingdom under the ongoing integration of FedEx and TNT networks around the world.
“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.
Jack Muhs, regional president of FedEx Express Middle East, Indian Subcontinent and Africa, added: “With SAB Express as FedEx licensee in Saudi Arabia, we are leveraging their comprehensive expertise in delivering an outstanding service across the country and building on our mutual strengths to connect customers to possibilities around the world.
“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 an extensive Middle East Road Network, connecting Saudi Arabia directly to the UAE, Bahrain, Kuwait, Oman and Jordan. Formerly called the TNT Middle East Road Network, this offers customers day and time definite services with the fastest transit times for road-based delivery.
According to estimates, Saudi Arabia’s overall logistics market is currently valued at US $18 billion and is expected to reach US $25 billion by 2020. One notable project is the special economic zone at the King Khalid International Airport in Riyadh, focusing on integrated logistics.
SAB Express, part of the diversified SAB Investment group, was established in 1998 to operate as TNT Express in the Kingdom of Saudi Arabia. With the acquisition of TNT Express by FedEx Express, SAB Express now serves both brands as a service provider in the Kingdom. SAB is also the service provider for FedEx Trade Networks in the country.
In 2015, FedEx Express selected Abdul Latif Jameel Group as its global service provider in Saudi Arabia. FedEx has been active in the Saudi market since the 1990s.
