Momentum Logistics opens new office and depot location in Iraq
Derrick: Momentum Iraq office is latest step in strategic network expansion plan.
Momentum Logistics, a subsidiary of international port management company, Gulftainer, has announced that it has opened up a new office and depot location in Iraq, as part of its network development strategy.
The new branch is located in Zakho, Northern Iraq on the border with Turkey, and is approximately 8,000 square metres in size, inclusive of the office and transport yard.
Speaking of the expansion, Momentum General Manager Matthew Derrick said, "Since its establishment, Momentum has always looked to develop our global network, while continuing to provide the highest standard of service to our customers. The opening of the Momentum Iraq office is the latest step in our strategic network expansion plan, and will allow us to not only continue to expand our operations, but also to offer customers in Iraq and surrounding areas the exceptional service to which our customers have become accustomed."
"The operations of the Iraq office will dovetail with our operations in Turkey, through our partner Demas, as roughly 1,000 trucks cross the border between the two countries every day, positioning Momentum Iraq as a logistical hub and a significant gateway into North and Central Iraq. A manager has already been appointed to oversee Momentum Iraq’s operations - Neil Young - and he will be responsible for overseeing the day-to-day operations, as well as much of the set-up and expansion process for the office." Derrick added.
Since its inception in October last year, Momentum Logistics has been focusing on growing and expanding its services, and this latest move is in line with its aim of becoming a the global provider of choice for third-party logistics and supply chain management services.
In addition to the growth of its freight forwarding division, which is based in the Sharjah Inland Container Depot (SICD), with new offices planned to open in Dubai and Abu Dhabi later this year, Momentum has also been developing its other services. Its transportation fleet of tractors and trailers has grown to be the one of the largest trucking operations in the region. The fleet comprises 122 tractors and over 240 trailers, including specialized low bed trailers and tipping chassis. The division has also relocated to new offices and opened a state-of-the-art vehicle maintenance and repair facility within the SICD.
The development of logistics cities is also in full swing, and the levelling of the site for International Logistics City in Al Saja’a is complete, with work underway on the perimeter road network. Twelve new warehouses have been added to SICD’s facilities, with work underway on a further 12 that are due to be completed in the second quarter of this year. The new container repair depot at SICD is also operational.