Globe Express Services 'Overseas Group' expands Saudi Arabia operations with opening of Terminal Yard in Dammam
- Saudi Arabia: Saturday, October 20 - 2012 at 15:30
- PRESS RELEASE
Globe Express Services (Overseas Group), one of the world's top 100 global logistics providers, has announced the opening of its Dammam Terminal Yard, a 23,000 sqm facility that includes an open storage area, warehouses, and office buildings that will house the Dammam Branch management and the Transportation Division.
GES (Overseas Group) invested over $2m for the construction of the Dammam Terminal Yard, while nearly $3m was spent to increase the company's fleet of trucks and trailers and to acquire new handling equipment.
Over the past four years GES (Overseas Group) has also expanded its staff strength from 75 to 205 to support the company's ongoing expansion drive in the Kingdom.
Key development projects such as the King Abdullah Economic City are driving the long-term expansion plans of GES (Overseas Group) in KSA. King Abdullah Economic City will serve as the future hub for at least 2,700 manufacturing companies, while it will also include a 13.8 square kilometer port that will emerge as one of the world's top five largest industrial ports.
Ziad Korban, CEO of Globe Express (Overseas Group), said, "Aggressive investments in large-scale projects are being undertaken by the KSA Government to diversify its economy, a trend that has helped establish the Saudi market as a very important area for exports and imports. Moreover, the government has been actively cultivating the growth of the logistics sector by introducing new polices, incentives, regulations and infrastructure, creating excellent opportunities for Globe Express Services (Overseas Group) to grow and expand in the country. The completion of the Dammam Terminal Yard reinforces our commitment to support the growth initiatives of the KSA Government, particularly in strengthening the Kingdom's reputation as a strategically important logistics hub in the region. With our facilities in Dammam, Jeddah and Riyadh, we are capitalizing on our strategic locations on the eastern and western fronts and the central region of KSA to provide comprehensive logistics support to our regional and international clientele."
Globe Express Services (Overseas Group) has also recently completed an Dhs35m development project consisting of an industrial warehouse and accompanying office in Dubai's Jebel Ali Free Zone. The Jebel Ali warehouse offers warehousing and packing services as well as specialty handling and lifecycle management services.
Globe Express Services (Overseas Group) specializes in out-of-gauge services, which is a core offering of the company's Project Logistics and Management portfolio. In Logistics and Compliance Consulting, Globe Express Logistics offers its expertise in creative warehouse design, distribution, supply chain execution and material handling solutions for leading retail, wholesale, and consumer product manufacturing companies.
Globe Express' consultancy services also cover selection and implementation of supply chain execution software, including warehouse management systems, asset management systems, transportation management systems, yard management systems and labor management systems.
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