DP World is to combine its two multimodal operators in Europe, P&O Ferrymasters Ltd. and Unifeeder Shortsea with immediate effect, offering an enhanced proposition to its customers across Europe.
Through the agreement based joint venture, DP World will establish a single brand – P&O Ferrymasters – combining the strengths of both operators and offering customers Intra-European multimodal transportation solutions via trailer, container, and rail, complemented by a set of strong supportive logistics solutions. This enhancement in offerings will allow customers to further optimise their supply chains in a much broader as well as sustainable manner.
Timm Niebergall, CEO P&O Ferrymasters, said: “By joining the forces of the two leading multimodal specialists we will establish a single brand standing for unique intra-European multimodal transportation and logistics services.
“It will enable our valued customers to benefit from the widened outreach and network, as well as direct access to a full range one-stop shop for multimodal supply chains services in Europe, while our vendors will benefit from opportunities for closer collaboration.”
Unifeeder Shortsea is a business unit of Unifeeder A/S. It will now operate under the new joint trade name P&O Ferrymasters. All present agreements with P&O Ferrymasters and Unifeeder Shortsea will be honoured and remain in place and there will be no changes to the daily business or operations.