2014-02-06 10:33:38 - Kuwait poised to become leading transport and logistics hub in the Middle East
February 6, 2014
Globe Express Services (GES), one of the world’s top 100 global logistics providers, has announced that its gross revenue for 2013 has increased by 38 per cent. The company has attributed its robust performance and profit to the growth in Kuwait’s logistics sector. With the first phase of the USD 1.2 billion Mubarak Al Kabir port in Boubyan Island to be operational by the second quarter of 2014 and the establishment of an integrated industrial and logistic zone around the Kuwait Free Trade Zone located in Shuwaikh, Kuwait is poised to become one of the leading transport and logistics hubs in the Middle East.
Building on its strong performance and solid growth in the region, GES has strategically
expanded in Kuwait by providing the full cycle of supply chain solutions in the country. It further plans solidify its presence by launching several new services to address emerging demand in the market. Aside from huge profits in Kuwait, GES has also registered a surge in revenues in the GCC region.
Mustapha Kawam, Managing Director – Gulf States of GES, said: “With concerted efforts and investments by the Kuwaiti government to develop the country as an integrated hub for transport and logistics, there are infinite lucrative opportunities for logistic service providers in the country. GES has registered a 38 per cent increase in revenue for 2013 in comparison to the previous year, reflecting the company’s focus on providing innovative supply chain solutions. We want to play a significant role in Kuwait’s plan to develop as a modern transport hub of the future and thereby strengthen our presence in the regional market.”
About Globe Express Services®
Globe Express Services® offers a robust, well-rounded suite of logistics services to companies doing business in Asia, Europe, the Middle East, North America, Latin America and around the world. Since 1974, we have enabled our clients’ supply chain success through ocean & air freight forwarding, overland transport, Customs brokerage & compliance consulting, cargo consolidation, warehousing & distribution, specialty cargo handling, and project logistics. Our state-of-the-art technology platform provides outstanding visibility, flexibility and customization potential, while our highly trained personnel share a commitment to providing the ultimate customer service. For more information, please visit www.globeexpress.com.