Gulftainer hits record 2 million TEUs in landmark year

Gulftainer, a global supply chain and logistics solutions provider, has announced growth and significant achievements for the year 2024.

The company achieved a record-breaking 2 million TEUs, underscoring its major role in container handling across the Middle East and beyond. Additionally, the Group continued to expand its reach, handling 5.5 million tonnes of non-containerised cargo, enhancing its ability to serve diverse sectors of global trade.

Gulftainer and its subsidiary, Momentum Logistic,s increased their headcount year-on-year by over 10% globally, as part of its ongoing investment in talent resources and terminal facilities.

Meanwhile, Gulftainer has made significant investments in strengthening its logistics capabilities, including the addition of a 110,000 sq ft warehouse in the UAE’s Sajaa Industrial Investment Park (SIIP) and the deployment of 40 new heavy trucks and 60 new trailers across the United Arab Emirates and Saudi Arabia.

Furthermore, Gulftainer’s technology division reported a year-over-year growth of 45% in 2024, reflecting the increasing reliance on digital systems to drive operational efficiencies and enhance service delivery.

Peter Richards, Group CEO of Gulftainer, commented: “Our strategic investments in infrastructure, technology, and talent have firmly positioned us for growth in the coming years to meet the ever-evolving demands of global trade.”

The post Gulftainer hits record 2 million TEUs in landmark year appeared first on Container News.