ONE says that these additions will not only strength its presence in the global supply chain, but also safeguard its access to terminal capacity in key and strategic gateways, support growth ambitions, and enhance service offerings.
“TraPac and YTI are container terminal operators and vessel stevedores that provide container terminal services in Los Angeles and Oakland, California. Both terminals are equipped with the latest technology and have been serving liners at the Port of Los Angeles since 1987 and 1991 respectively. With a combined capacity of 4.3 million TEU annually, the acquisition of these two terminals further strengthens ONE’s position on the US West Coast,” says ONE.
RWG operates a highly automated container terminal in the Port of Rotterdam with an annual capacity of 2.6 million TEU.
ONE adds that its stake in stake in RWG gives it long-term capacity and strengthens ONE’s position as a key hub in the region.
These acquisitions are part ONE’s midterm strategy to continuously invest in its operations.
Commenting on the acquisitions, Hiroki Tsujii, Managing Director of ONE’s Product & Network Division, said:
“Container terminals are a critical link in the supply chain with the unique ability to cushion the impact of operating disruptions. ONE will leverage these terminals to help customers manage supply chain disruptions and improve service quality. In addition, these assets will enable ONE to deliver faster and more reliable service to our customers.”
Photo: Alexandre Prevot, CC BY-SA 2.0, via Wikimedia Commons
