Wallenius Wilhelmsen has strengthened its collaboration with an established automotive Original Equipment Manufacturer (OEM) by signing a 10-year contract extension. This agreement aims to foster further growth and partnership development in the coming years.
The contract encompasses a broad scope of services across various business areas, including receiving, end-of-line services, accessory installation, managing deliveries, distributing and storing vehicles, and providing digital supply chain insight. Wallenius Wilhelmsen also delivers short-sea and deep-sea ocean services to this OEM under separate agreements.
The shared ambition for both parties is to expand the partnership further and develop new, efficient solutions to optimize the OEM’s supply chain.
“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.
Looking ahead, the goal is to broaden the contract’s scope to include ocean services, ensuring a comprehensive and integrated strategy that emphasizes streamlining processes and adopting enhanced digital solutions to future-proof operations.
“The contract has a solid land-based scope and is one of our largest. It is exciting to enhance a partnership that already prioritizes comprehensive integration and digital transformation at its core,” added Felitto.
The contract has an overall estimated gross revenue of USD 2 billion, commencing in April 2027.
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