Singapore’s largest container line is expanding beyond its traditional port-to-port operations. PIL Intermodal Services, which offers train, truck, and barge services across its existing intra-Asian, Africa, Middle East, Latin America, and Oceania network.
“We have seen growing market demand for intermodal services in recent years,” said Lars Kastrup, CEO of PIL. We are able to provide good point-to-point connectivity across sea and land for our customer’s thanks to our strong network of global offices, agencies, and partners. Our digital services, including electronic Bills of Lading and, in the near future, GPS tracking, will complement our intermodal solutions.”
Kastrup was hired in a management shuffle two years ago after PIL was bailed out after years of financial difficulties. He was promoted to CEO in July of this year. He was previously the CEO of APL and held numerous senior positions at CMA CGM. His career began at AP Moller-Maersk.
PIL is the world’s 12th largest container line, with a fleet of just under 300,000 slots, according to Alphaliner.