{"id":140,"date":"2023-12-27T14:42:56","date_gmt":"2023-12-27T14:42:56","guid":{"rendered":"https:\/\/siliconplus.sg\/psaar2020\/?page_id=140"},"modified":"2023-12-27T19:04:45","modified_gmt":"2023-12-27T19:04:45","slug":"cargo-solutions","status":"publish","type":"page","link":"https:\/\/siliconplus.sg\/psaar2020\/cargo-solutions\/","title":{"rendered":"Cargo solutions"},"content":{"rendered":"

Re-imagining Logistics through Innovation, Dedication, and Technology<\/strong>
\nGlobal trade should be smooth, smart and secure. The COVID-19 pandemic has exposed vulnerabilities of traditional supply chain networks, but we believe that innovation is key to turning these challenges into opportunities for better connectivity, collaboration and communication.<\/p>\n

PSA Cargo Solutions is championing greater collaboration with various partners through the Internet of Logistics (IoL) \u2013 a connected system of interoperable nodes and platforms \u2013 through strategic partnerships with industry partners, distinctive intermodal solutions and increased efficiency through digital solutions in order to orchestrate supply chains and help our customers better manage their cargo flows.<\/p>\n

Our vision is to co-create reliable supply chain networks and keep goods moving with agility, resilience and efficiency around the world.<\/p>\n

Extending our Supply Chain Ecosystem<\/strong>
\nThrough strategic partnerships, PSA works with industry partners and cargo owners to enhance our capabilities to provide efficient and resilient solutions, especially in a volatile climate where shippers and importers are confronted with increasingly complex global logistics requirements.<\/p>\n

In Southeast Asia, PSA welcomed JWD InfoLogistics Public Company Limited (JWD) into our Eastern Sea Laem Chabang Terminal (ESCO) as a strategic supply chain partner.<\/p>\n

JWD, an integrated logistics company with a presence in Thailand and Southeast Asia, will work with PSA to develop innovative and sustainable cargo solutions and work alongside towards an Internet of Logistics for Thailand. The combination of PSA and JWD will elevate ESCO\u2019s unique strategic position as a regional holistic supply chain operator in the region of Thailand, covering multidimensional and multi-modal flows of physical (cargo), digital and financial.<\/p>\n

PSA Northeast Asia and German multimodal logistics company Duisburger Hafen AG (duisport) also inked an agreement to form the joint venture company, Multimodal Investments Pte Ltd (MIPL), headquartered in Singapore. The joint venture will invest in multimodal logistics facilities in Asia, enhancing connectivity and trade flows between Europe and Asia.<\/p>\n

In another strategic alliance, Canadian Tire, the single largest container importer in Canada, invested in a 25 per cent stake in Ashcroft Terminal in August 2021.<\/p>\n

By partnering with mega-retailer Canadian Tire, Ashcroft Terminal will be able to further invest in infrastructure and capacity growth for the long-term, benefitting all of its customers. Ashcroft Terminal has a hub to serve the needs of a broad range of industries and customers moving their products by rail.<\/p>\n

This partnership also has the potential to increase the efficiency and sustainability of the supply chain for containers imported and exported through the marine terminals in Vancouver. Ashcroft Terminal facilitates the shift from truck to rail transport, and significantly reduces the movement of trucks in the busy Metro Vancouver area which reduces emissions.<\/p>\n","protected":false},"excerpt":{"rendered":"

Re-imagining Logistics through Innovation, Dedication, and Technology Global trade should be smooth, smart and secure. The COVID-19 pandemic has exposed vulnerabilities of traditional supply chain networks, but we believe that innovation is key to turning these challenges into opportunities for better connectivity, collaboration and communication. 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