Hapag-Lloyd acquires UK container transport firm

Hapag-Lloyd has signed an agreement under which it acquired 100 per cent of the share capital of UK-based ATL Haulage Contractors Ltd (ATL).

ATL, a private firm founded in 2008, reportedly has a fleet of 120 contemporary trucks owned by the company and a network of over 100 more trucks provided by committed subcontractors.

The whole owned truck fleet has an average age of less than two years and a minimum emissions requirement of Euro 6. Furthermore, the corporation has approximately 250 skeleton, sliding, genset, and multi-function trailers.

READ: Hapag-Lloyd announces new Senior Managing Director for Middle East

According to Hapag-Lloyd, ATL will remain a separate company and brand, with the existing management team continuing to serve all clients in accordance with existing contractual commitments.

This month, Hapag-Lloyd announced a new general rate increase (GRI) from India to West Coast Latin America, Central America, Caribbean and Mexico.

Additionally, the carrier together with A.P. Moller – Maersk signed an agreement for a new long-term operational partnership.