PSA International, a global port operator and partner to cargo stakeholders, through its subsidiary PSA Baltics N.V., has agreed to acquire an 85 percent majority stake in Loconi International, one of Poland’s leading intermodal operators. The seller was publicly traded Polish freight forwarder ATC Cargo.
This strategic move aims to develop new rail products to support PSA’s European container hubs, offering customers additional options to execute the modal shift from road to rail. With this acquisition, PSA plans to enhance existing hinterland connections from Baltic Hub Container Terminal in Gdansk, Poland, and extend the port’s reach into new markets in Central and Eastern Europe.
The transaction is still subject to approval from the relevant authorities, and financial terms were not disclosed.
Loconi provides logistics solutions for shipping companies and freight forwarders that integrate rail transport, last-mile road transport and depot services for