Kingston Wharf 75th Anniversary

NAME OF FEATURE | THE GLEANER | SUNDAY, NOVEMBER 29, 2020 27 KINGSTON WHARVES 75TH ANNIVERSARY T HE DEVELOPMENT of logistics services as a key business cen- tre within Kingston Wharves has been a top priority. One of two main business units within KWL, logistics services accounted for 28 per cent of the company’s $7.9-bil- lion revenue in 2019. “TheTerminal Operations Division forms the pillar of our business; it has beenwell established formany years as amajor sourceof revenue andprof- its, but we have identified logistics services as an areawithhuge growth potential – not just for KWL, but for the world,” explains Mark Williams, CEO of KingstonWharves Limited. As a result, this is an area in which KWL will continue to make significant investment over the next several years, notes MrWilliams. Logistics services is an integral part of the global supply chain, having to do with facilitating and organising the seamless move- ment of goods from the place of origin to markets. Kingston Wharves is working assiduously to realise its vision to be the preferred port-centric logistics part- ner, connecting theworld to Caribbean markets, even as it seeks to fulfil its mission to be a leading provider of innovative ter- minal and logistics solutions for the movement of cargo. Before the COVID- 19 pandemic hit, Kingston Wharves was pursuing its logistics goal at an accelerated pace, explor- ing new partnerships, services and harnessing technology for greater efficiency. MrWilliams discloses that while the pandemic caused disrup- tions in the global supply chain, it has precipitated some critical shifts that could benefit the region. “The shift precipitated by COVID is not just a change in the type for commodities that are beingmoved, Total Logistics Facility. Left: CEO Mark Williams. LOOKING TO THE FUTURE Logistics services positioned for growth PLEASE SEE FUTURE , 28