SAL signs deal with FedEx to provide ground handling services

SAL Saudi Logistics Services Co. signs a deal with FedEx Saudi Arabia to provide facilities for ground handling services

SAL Saudi Logistics Services Co. signed an agreement with FedEx Express Saudi Arabia to provide comprehensive support services for the ground handling of express shipments and integrated logistics operations.

In a statement to Tadawul, the company pointed out that no value was set for the contract as the services are paid for on demand and in accordance with the prices specified in the agreement.

Under the deal, SAL will manage the operation of ground handling shipments for FedEx, including ramp services, operational support, and the offering of suitable storage spaces to meet client needs.

The one-year deal is renewable and involved no related parties, the statement added, indicating that the company expects a positive impact on its financial results over the duration of the agreement.