FINANCIAL NEWS

Momentum Logistics adds staff, lorries

14 Feb 2011

(MENAFN) The Sharjah-based Momentum Logistics reported its plans for adding new employees as well as buying new lories as a part of expanding the company’s network in the gulf region, Turkey, Pakistan and Iraq, reported The National.

A company’s official said that the Momentum Logistics plans further additions of labor and resources to its international branches.

The official also said that the company is currently studying the construction of areas for the storing and redistribution of containers onto lorries.

It is worth noting that the company works in third-party logistics, where it provides outsourcing services for companies, including warehousing and managing supply chains of parts and equipment.

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