Global port operator, PSA International has agreed to acquire an 85 per cent stake in one of Poland’s leading intermodal operators.
Loconi International is owned by publicly traded Polish freight forwarder ATC Cargo.
The move aims to develop new rail products to support PSA’s European container hubs, offering its customers additional options to execute the modal shift from road to rail. With this acquisition, PSA said it will enhance hinterland connections from the Baltic Hub Container Terminal in Gdansk, Poland and extend the port’s reach into new markets in Central and Eastern Europe.
“Loconi will play an important part in our Node-to-Network strategy in going beyond terminal services and growing our role as a port ecosystem player, through the development of port-adjacent services, such as intermodal connectivity and digitalisation,” said Regional CEO Europe & Mediterranean and Middle East South Asia, Vincent Ng. “This move underscores our commitment to innovation and superior customer service, paving the way for a more interconnected and efficient port and supply chain network in the region.”
Established in 2011, Loconi provides logistics solutions for shipping companies and freight forwarders that integrate rail transport, last mile road transport and depot services for containerised cargo. It runs 220 trains every month across five corridors in Poland and handles approximately 250,000 TEUs each year.
“Our intention was to find a long-term partner who would support us onward in our exciting journey to enable the shift from road to rail,” said CEO of Loconi, Lidia Dziewierska. “For years, we have paid special attention to developing effective rail-based transport solutions which can serve as a true alternative to road transport and thus genuinely add value to the ecosystems of our customers, partners and local communities.”
In other news, Austria goes road transport paperless.