Wallenius Wilhelmsen Logistics - News article

Subaru of America selects Wallenius Wilhelmsen Logistics

2006-07-22
Woodcliff Lake, July 20, 2006 - Wallenius Wilhelmsen Logistics, a global shipping and logistics company, announced that it has signed a contract with Subaru of America to handle the auto manufacturer's vehicle processing business in Baltimore, Maryland

Once at full capacity, Wallenius Wilhelmsen Logistics expects to move up to 90,000 units per year, with Subaru becoming the company's anchor customer in Baltimore.

Subaru recently decided to relocate its vehicle processing activities to Baltimore from Newport News, Virginia. To handle the new business, Wallenius Wilhelmsen Logistics, will open up a temporary site. The temporary vehicle processing center (VPC) is targeted for completion and full operation by mid-August 2006, with the first Subaru units scheduled for discharge on August 15. Meanwhile, Wallenius Wilhelmsen Logistics will shortly begin construction for a permanent site in Baltimore and expects it to be fully operational in the second half of 2007. At that time, all business in the temporary site will be transitioned to the permanent location.

"Opening a vehicle processing center in Baltimore has always been part of the strategy for Wallenius Wilhelmsen Logistics. The contract with Subaru represents an ideal opportunity to launch our new facility," remarked Christopher Connor, President of Wallenius Wilhelmsen Logistics Americas. "Wallenius Wilhelmsen Logistics has over 14 years of product and process knowledge managing Subaru units across multiple locations, including Subaru's current operations in Lafayette, Indiana and Newport News, Virginia. We are pleased and excited to be able to continue our long and successful partnership with Subaru at its new location in Baltimore. The contract reflects Subaru's strong vote of confidence in the superior quality of our services."

While Subaru will be the company's anchor customer at the Baltimore VPC, Wallenius Wilhelmsen Logistics is also targeting additional prospects that will increase processing volume at the Baltimore site.

Wallenius Wilhelmsen Logistics is a global shipping and logistics company specializing in the transportation of finished vehicles, construction and agricultural machinery, and challenging project cargo. It is jointly owned by Wallenius Lines of Sweden and Wilh. Wilhelmsen of Norway. The company has 60 modern vessels, carries 1.7 million vehicles by sea and 1.5 million by road. For more information, log on to www.2wglobal.com


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