PSA acquires majority stake in Polish intermodal operator Loconi

PSA Baltics N.V., a subsidiary of PSA International (PSA), has signed an agreement to acquire an 85% majority stake in Loconi International S.A., one of Poland’s leading intermodal operators.

The global port operator acquired the stake from the publicly traded Polish freight forwarder ATC Cargo S.A as part of plans to develop new rail products to support PSA’s European container hubs, thereby offering its customers additional options to execute the modal shift from road to rail.

With this acquisition, PSA intends 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.