Wallenius Wilhelmsen has strengthened its partnership with an established auto OEM and enters a 10-year contract extension with the ambition to grow the partnership further over the years to come.
The ambition for both parties is to further grow the partnership and develop new, efficient solutions that will optimise the supply chain for the OEM.
Looking ahead, the shared goal is to broaden the contract’s scope to include ocean and ensure a comprehensive and integrated strategy that emphasizes streamlining processes and adopting enhanced digital solutions to future-proof operations.
The contract has an overall estimated gross revenue of $2 billion starting in April 2027.
“Long-term multi-product contracts benefit both our customers and us as they provide seamless integration, flexibility for both parties, and room for innovative collaborations to enhance digital value chain solutions,” said John Felitto, EVP & COO Logistics Services at Wallenius Wilhelmsen.
“The contract has a solid land-based scope and is one of our largest. It is exciting to enhance a partnership that already prioritises comprehensive integration and digital transformation at its core.”
Earlier this year, Wallenius Wilhelmsen management celebrated the formal inauguration of their new global facility with customers, business partners, government officials, and staff.