DP World and Balco Australia Sign Multi-Year Logistics Agreement

DP World and Balco Australia jointly announced the signing of a new multi-year agreement, further strengthening their collaboration in the export supply chain for forage products.

DP World will continue to be a key logistics partner for Balco, providing integrated road transport services, equipment management, and supply chain coordination. These solutions will facilitate the efficient transport of forage from Balco's regional production plants to export hubs and international markets.

Balco Australia is a leading exporter of high-quality forage and a global provider of fiber solutions for ruminants.

Under the new agreement, DP World will manage the annual transport of over 10,000 TEUs (twenty-foot equivalent units) through specialized land transport services, equipment management, and integrated logistics. The collaboration will also include investments in specialized transport assets and dedicated account management to support Balco's growing export needs and long-term international development.

Nicolaj Noes, Executive Vice President for Oceania at DP World, stated that "Balco plays a fundamental role in distributing Australian agricultural products to customers worldwide, and we are proud to strengthen our alliance as their trusted logistics provider. By combining our integrated port, transport, and logistics capabilities, we help Balco move its exports more efficiently from Australia's regions to global markets. This agreement reflects our shared commitment to building resilient supply chains that drive our customers' growth and strengthen Australia's export economy."

Linda Xu, General Manager of Logistics and Distribution at Balco Australia, added that "a stable, efficient, and resilient supply chain is fundamental for Balco to serve global customers and continue expanding into international markets. DP World is a key partner for the implementation of Balco's global supply chain strategy. Its integrated national logistics network, specialized transport capacity, and long-term investment approach align perfectly with Balco's vision to further strengthen its global supply chain. This alliance will further enhance the resilience and operational efficiency of our supply chain, support Balco's continued international growth, and enable us to offer more reliable and efficient fiber products and solutions to customers worldwide."

This alliance will leverage DP World's integrated logistics network across Australia to further optimize the end-to-end transport of Balco's products, from regional production plants to export hubs.