LogiPoint recently established a bonded trade corridor among the Jeddah Islamic Port and the King Abdulaziz International Airport in order to boost the transshipment of multimodal cargo.
Through the corridor’s establishment, the logistic company goals to enhance Saudi Arabia’s regional and international competitiveness, while make sure it is seen as a multimodal transshipment hub.
In light of the situation, LogiPoint CEO Farooq Shaikh noted:
The bonded corridor facilitates trade for customers by providing a multimodal bonded access to regional target markets combining sea, land and air freight. It also gives Jeddah a significant advantage to compete in the transshipment cargo segment.
As the company informed, the trial was conducted on a shipment that arrived by sea freight to LogiPoint Bonded and Re-Export Zone at Jeddah Islamic Port, which was then shipped onward to its final destination in the Netherlands by airfreight through King Abdulaziz International airport
