Gulf Warehousing Company signs deal with UPS
Gulf Warehousing Company (GWC) has signed an agreement to become the authorised service contractor for the UPS express parcel service in Qatar. The agreement is set to come into effect in June, according to local reports.
Established in 2003, Gulf Warehousing Company is the largest supply chain service provider in Qatar.
GWC was named the Leading Domestic Logistics Service Provider of the Year 2015 at the Frost and Sullivan GIL Global Best Practices Awards ceremony, held in Dubai on 16 February.
GWC earned QAR 140.3 million in net profits for 2014. Gross revenues were QAR 673.3 million, earnings per share were QAR 2.95, and total assets reported as QAR 2.102 billion.
