Momentum Logistics says it is poised for further growth as it celebrates 10 years of operations as a leading third-party logistics (3PL) services provider based in the UAE
With a presence across global markets, the Gulftainer subsidiary specialises in supply chain management solutions including transportation, freight forwarding, warehousing, logistics cities and container services.
As it passes the decade milestone, the company has accumulated over 500 clients and general manager Stuart Mainland said it was encouraging that it continues to build credibility both at home and abroad.
“We consistently look for new ways to enhance our operational efficiency in anticipation of new opportunities for growth around the world,” he said. “Our goal is to capitalise on the upsurge in consumer spending, global economic growth and technological advancements that will see us double our revenue over the next five years.”
Momentum Logistics was established in December 2008 to support Gulftainer’s terminal operations. The company’s scope has subsequently expanded and it has secured independent logistics contracts around the world, including in the UAE, Saudi Arabia, the US, Iraq, Turkey and Pakistan.
The company has continued to invest heavily in organic growth as well as global expansion.
In the past year, it has introduced new Scania tractor units and the latest European-standard curtain-sided trailers in a bid to enhance its transport fleet. According to the company, the new equipment enables Momentum Logistics to maintain the high quality of its services that are witnessing increasing demand across its multinational client base.
It also earned the Silver Award for Fleet Safety at the UK’s prestigious Royal Society for the Prevention of Accidents (RoSPA) Awards in 2018.
International operations have continued to expand with its new Umm Qasr Logistics Centre in Iraq offering storage solutions for both chilled and frozen products. In addition, Momentum now 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 has also revealed it 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 in Saja’a with the rest of the UAE’s road network. Since its soft launch, SIIP has attracted considerable interest, with warehouses expected to be fully occupied by Momentum and other customers.
