Tuesday, December 10, 2013

Vehicle Importer Renews POLA Lease

WWL Vehicle Services Americas (WWL VSA), a subsidiary of global shipping and logistics company Wallenius Wilhelmsen Logistics (WWL), has renewed its long-term lease with the Port of Los Angeles.
The Los Angeles Board of Harbor Commissioners approved the new lease in late November. According to the port, the agreement’s a reflection of a commitment to maintain a diversified cargo portfolio that makes use of land and water resources and promotes economic growth.

“WWL has been an important source of jobs and revenue at the port for years,’’ port Interim Executive Director Gary Lee Moore said in a prepared statement. “WWL is a unique facility at the port and we’re extremely pleased to extend our relationship.”

WWL VSA operates a 91-acre automotive processing terminal at the port that processes about 200,000 vehicles annually. The 10-year agreement provides for a five-year extension, an option that would allow WWL VSA to operate at its current home at Berths 195-200A through Jan. 1, 2027.

“WWL Vehicle Services Americas is pleased to extend its presence at the Port of Los Angeles,” WWL Vehicle Services Americas President and CEO John Felitto said. “The vehicle processing facility we’ve developed at the port plays an important role in WWL’s network, and is a key location and processing center for auto manufacturers serving the western United States.”

The WWL terminal specializes in receiving new cars shipped from overseas and preparing them for distribution and sale throughout the United States. The terminal also exports restored and vintage cars.