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.