The Norwegian carrier shipping company Wallenius Wilhelmsen has extended an existing contract with a car manufacturer.
The cooperation is to continue for a further ten years from April 2027 and generate a turnover of $2 billion over this period.
The name of the partner was not disclosed by Wallenius. As part of the partnership, the shipping company will provide a wide range of services, including goods receiving, end-of-line service, delivery management, accessories installation and vehicle distribution and storage. Supply chain data is to be recorded completely digitally.
“Long-term multi-product contracts benefit both our customers and us as they offer seamless integration, flexibility for both parties and room for innovative collaborations to improve digital value chain solutions,” says John Felitto, EVP & COO Logistics Services at Wallenius Wilhelmsen.
Wallenius on course for growth
Looking ahead, the joint goal is to expand the scope of the contract to include maritime transport and ensure a comprehensive and integrated strategy that focuses on optimizing processes and introducing improved digital solutions for future-proof operations.
“The contract has a solid land-based scope and is one of our largest. It is exciting to further develop a partnership that already focuses on comprehensive integration and digital transformation,” says Felitto.
Wallenius Wilhelmsen is currently on a growth trajectory: the shipping company closed a record year in 2024 and generated significant growth. CEO Lasse Kristoffersen also believes the company is in a “solid position” for the current year.
