CMA CGM plans new $450m terminal at Saudi port in JV investment deal CMA CGM and RSGT have signed a term sheet for a potential joint venture, investing $450m in building a fourth terminal at Jeddah Islamic Port in Saudi Arabia. James McLoughlin
James Todd Kloeb, former head of material planning and logistics for the Americas at Ford, joins Lucid Motors as global vice president of MP&L James Todd Kloeb announced the news on social media, with it following a three-decade long stint at Ford. His role is expected to encompass global supply chain planning. Charlie Blackie-Kelly
Watch: Middle East and North Africa supply chains – the route to recovery (EP.3) Watch this Livestream for the latest insight on vehicle demand, production and trade across Middle East and North Africa automotive supply chains, plus insights with General Motors’ head of purchasing and supply chain for the Middle East, Sulaiman Pallak. Forecast available for download.
Middle East and North Africa: Leading the way in innovation While it has some infrastructure and regulatory obstacles to overcome, the automotive industry in the Middle East and Africa (Mena) region is developing fast, driven by investment and innovation, as delegates heard at the AL MENA conference in Dubai last week Victoria Johns