PSA BDP has acquired a majority stake in Mexico-based ED Forwarding, strengthening its presence in Mexico and expanding cross-border logistics and customs capabilities.
Mexico’s location and ocean access make it a vital hub for regional and international trade.
As nearshoring from Asia to Mexico grows, demand is rising for robust distribution networks.
Based in Mexico City, ED Forwarding is reportedly well-positioned to meet this need across various industries.
PSA’s global terminal network, PSA BDP’s supply chain capabilities, and related services will be available through the partnership.
The acquisition builds on a relationship of over 10 years, with ED Forwarding previously serving as a partner agent in PSA BDP’s network.
With closer integration, the two companies will combine their resources and infrastructure to expand service reach in and beyond the region.
Customers will reap the advantages of an enhanced service portfolio, increased operational efficiencies, and access to a more robust logistics network tailored to the evolving demands of the market.
Hector Gonzalez, Deputy CEO of PSA BDP, stated: “The synergies between our companies create tremendous opportunities for innovation, growth, and enhanced customer experience.”
Jorge Pedroza Paez, Managing Director of ED Forwarding, added: “We are excited to formalise this partnership and accelerate our shared vision for the future.”
In March, PSA, DNV Singapore (DNV) and Pacific International Lines (PIL) signed a Memorandum of Understanding (MoU) to collaborate on carbon emission measurement, reporting and verification (MRV).
