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Kingston Wharves eyes auto trans-shipment as growth area

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Numerically, motor vehicle movement was the largest growth segment for Kingston Wharves Limited (KWL) in 2015. In its annual report released this past week, the company says it is using an improved IT superstructure to introduce measures to simplify and automate processes involved in the movement of motor vehicles to “solidify our position as a regional auto trans-shipment hub”, as noted by CEO Grantley Stephenson.

For KWL there was a 51 per cent increase in the number of domestic motor units handled during the year.

KWL said overall it increased investment in IT- related projects by 33 per cent to $111 million, up from the $83.5 million spent in 2014, also acquiring a full-scale third-party logistics (3PL) processing software which has enabled better inventory management and the generation of intelligent and pre-emptive reports for a growing number of logistics clients.

Published in the Observer
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