Specialised 3PL services provider aims to double its revenue over next five years
Momentum Logistics, a subsidiary of UAE-based Gulftainer, recently marked its 10th anniversary as a leading third-party logistics (3PL) services provider.
Momentum Logistics offers an integrated suite of supply chain management solutions including transportation, freight forwarding, warehousing, logistics cities and container services. The company has a client base of over 500.
“As we mark our tenth anniversary, it is encouraging to note that we continue to build credibility both at home and abroad,” stated Stuart Mainland, General Manager, Momentum Logistics.
Momentum Logistics was established in December 2008 to support Gulftainer’s terminal operations. Since its inception, the company has expanded its scope and secured independent logistics contracts around the world, including in the UAE, Saudi Arabia, the US, Iraq, Turkey and Pakistan.
With operational headquarters located at the Sharjah Inland Container Depot (SICD), Momentum also operates in Port Canaveral in the US state of Florida as part of Gulftainer’s global portfolio.
The company has continued to invest heavily in organic growth as well as global expansion. In the past year, it introduced new Scania tractor units and the latest European-standard curtain-sided trailers in a bid to enhance its transport fleet.
Momentum Logistics has also continued to expand operations in international markets, including at the Umm Qasr Logistics Centre in Iraq, where the company now offers storage solutions for both chilled and frozen products.
In addition, Momentum provides services through its container inspection and repair division, Gulftainer Container Repairs (GCR), across Gulftainer-run terminals in Umm Qasr in Iraq and Jeddah in Saudi Arabia.
The company is currently working on developing the Saja’a Industrial Investment Park (SIIP), Gulftainer’s first leasehold initiative, through a multimillion-dirham investment in building a highway that will connect the facility with the rest of the UAE’s road network.
