Wallenius Wilhelmsen bags transport deal extension worth $2bn

Norwegian car carrier operator Wallenius Wilhelmsen has been awarded a 10-year contract extension with an undisclosed automotive equipment manufacturer.

According to an Oslo Bors filing, the long-term deal has an overall estimated gross revenue of $2bn and is set to start in April 2027.

The car carrier operator will deliver a broad scope of services under this deal including receiving, end-of-line service, accessory installation, managing deliveries, distributing and storing vehicles and providing digital supply chain insight.

Wallenius Wilhelmsen also provides short-sea and deep-sea ocean services under separate agreements. The company also stated that the scope of the contract is one of the company’s largest.

The company added that the shared goal of the two companies is to broaden the contract’s scope, to include ocean, and ensure a strategy that emphasises streamlining processes and adopting enhanced digital solutions to future-proof operations.