LSP advances global trade in alignment with Saudi Arabia’s Vision 2030
Logistics Services Provider (LSP), AJEX Logistics Services, has announced its participation in the National Retail Federation (NRF) 2024, Retail’s Big Show, the world’s largest retail expo, taking place from January 14-16, 2024, in New York City.This historic moment marks AJEX as the first Saudi Arabian company to exhibit at this prestigious event, bringing together over 6,200 brands from across the globe.
Having launched its US operations earlier this year in September 2023, AJEX’s presence at NRF 2024 not only signifies a significant milestone for the company but also demonstrates its unwavering commitment to Saudi Vision 2030.
This ambitious Saudi Arabian initiative aims to diversify the economy and establish the nation as a global logistics hub. As the inaugural Saudi Arabian logistics company to showcase at this event.
Pivotal conduit
“With a youthful population where 63% are under 30, a projected retail growth of 4.6% CAGR from 2022 to 2027, and a thriving economy rooted in political stability, AJEX stands as a pivotal conduit for brands seeking entry into one of the world’s fastest-growing markets, bridging the gap into Saudi Arabia and the broader Middle East region,” remarked John Martin, General Manager, AJEX. United States,
“By participating in these prestigious events, AJEX is seamlessly aligned with our mission to foster economic diversification, enhance logistics solutions, and facilitate universal connectivity to Saudi Arabia,” added Nourhan Beyrouti, Chief Revenue Officer, US Commercial Operations, AJEX.
AJEX has established a comprehensive network that spans Saudi Arabia and the GCC region. This extensive network comprises eight main transportation hubs, and 60 strategically located facilities in Saudi Arabia, UAE, and Bahrain. AJEX has established bonded gateway zones in critical locations such as Dammam, Jeddah, Dubai, and Manama, a press communique concluded.