‎SAL, SPL to enhance postal cargo operations

‎SAL, SPL to enhance postal cargo operations ‎SAL, SPL to enhance postal cargo operations

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SAL expects the deal to have a positive impact starting from Q4 2026

SAL Saudi Logistics Services Co., through its ground handling business, signed a strategic agreement with Saudi Post (SPL) to enhance postal cargo handling and land transportation operations across the Kingdom.

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In a statement to Tadawul today, Oct. 12, the company said the final contract value will be determined based on service demand in accordance with pre-established pricing schedules.

Under the deal, SAL will oversee full postal handling operations from initial shipments receipt, prepare dedicated postal load units, ensure cargo safety during storage and transit, and manage the transfer of shipments between warehouses, postal facilities, and aircraft. The agreement is designed to boost express mail efficiency and streamline service delivery.

The 36-month agreement was signed on Oct. 11. SAL expects it to have a positive impact on its financial results starting from Q4 2026.

The company noted that no related parties are involved in the agreement.

 

‎

SAL expects the deal to have a positive impact starting from Q4 2026

SAL Saudi Logistics Services Co., through its ground handling business, signed a strategic agreement with Saudi Post (SPL) to enhance postal cargo handling and land transportation operations across the Kingdom.

In a statement to Tadawul today, Oct. 12, the company said the final contract value will be determined based on service demand in accordance with pre-established pricing schedules.

Under the deal, SAL will oversee full postal handling operations from initial shipments receipt, prepare dedicated postal load units, ensure cargo safety during storage and transit, and manage the transfer of shipments between warehouses, postal facilities, and aircraft. The agreement is designed to boost express mail efficiency and streamline service delivery.

The 36-month agreement was signed on Oct. 11. SAL expects it to have a positive impact on its financial results starting from Q4 2026.

The company noted that no related parties are involved in the agreement.

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