Al Wassoul Logistics shares surge 14.39% premarket after launching AI-powered smart logistics solutions in Saudi Arabia.

Smart Logistics surged 14.39% in premarket trading following the announcement of its new Smart Logistics Solutions, designed to enhance delivery efficiency in Saudi Arabia. The company introduced AI-powered fleet management, real-time shipment tracking, smart warehousing systems, and e-commerce integrations to optimize supply chain operations. These innovations aim to reduce costs, improve delivery speed, and support Saudi Arabia’s digital transformation under Vision 2030. The launch underscores the firm’s commitment to advancing logistics technology, addressing growing demand for efficient delivery and warehousing solutions. The news directly aligns with the stock’s upward movement, reflecting investor optimism about the company’s strategic expansion and operational efficiency gains.