Independent journal on economy and transport policy
06:53 GMT+2
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PSA will acquire the control of inland a terminal in Canada
It will be the first investment of the terminalista group of Singapore in the America North
July 31, 2018
Terminalista group PSA International of Singapore will extend own Network to the America North. The society in fact has signed an agreement in order to acquire 60% of the capital of the Ashcroft Canadian Terminal, private company that manages homonymous inland the terminal in the British Columbia that is situated to about 300 kilometers from the port of Vancouver. "Ashcroft Terminal - the managing director of the group PSA, Tan Chong Meng has explained - represents the first step of the PSA in Canada and an entry point in supply chain for the North American market let alone the opportunity supplies us to increase our abilities in the intermodal activities and which Inland Container Depot (ICD). The strategic position of the terminal allows us to institute a ICD common user and to offer puts up options to the owners and the addressees of the goods".
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