Finished vehicle logistics provider Wallenius Wilhelmsen Logistics (WWL) has been restructured into two entities; one ocean transport company named Wallenius Wilhelmsen Ocean (WW Ocean) will concentrate on vehicle movement and rolling stock by sea and will work with a land-based logistics entity named Wallenius Wilhelmsen Solutions (WW Solutions).
The new branding reflects the new business strategy where ocean transportation and land-based logistics will operate side by side as distinct, yet connected entities. The Wallenius Wilhelmsen group also incorporates the brands EUKOR and ARC, which continue to operate under their own brands.
According to its group CEO, Craig Jasienski, the brands will develop logistics infrastructure and service capabilities on sea and land to best accommodate the latest developments in car technology and usage: “We see shifts from car ownership to car usership, increase in [the] scale of autonomy, increased electrification of vehicles and new entrants providing mobility solutions in very different ways – all challenging existing supply chain, retail and servicing models for vehicles,” he said.
The ownership of the original Wallenius Wilhelmsen Logistics (WWL) division, along with Eukor Car Carriers and American Roll-on Roll-off Carrier (ARC), was transferred to a new jointly-owned firm called Wallenius Wilhelmsen Logistics ASA (WWL ASA) in 2016. The company said the simpler ownership structure would enable more efficient management of the three operations.
Oslo-based WWL owns or operates 127 vessels serving 32 trade routes and operates a global inland distribution network, 77 processing centres and 13 marine terminals.
The group is headquartered in Oslo, Norway with 7,500 employees in 29 countries worldwide.