(L-R, front to back) The MOU was signed by SATS Gateway Services Executive VP Yacoob Piperdi and PSA RCEO SEA Ong Kim Pong; and witnessed by Enterprise Singapore ACEO Satvinder Singh, SATS President & CEO Alex Hungate, Senior Minister of State for Transport & Health Lam Pin Min, and PSA Group CEO Tan Chong Meng

On 09 May 2019, PSA International and SATS Ltd (SATS) signed a Memorandum of Understanding (MOU) to provide cargo owners and logistics service providers with seamless connectivity for greater supply chain efficiency.

SATS is a leading provider of gateway services and food solutions in Asia. Its comprehensive services include airline catering, airfreight handling, baggage handling, aviation security services, food distribution and logistics.

Combining sea and air connectivity services, the partnership between PSA and SATS strengthens Singapore’s status as a key global, multimodal transport and transhipment hub for air and sea cargo, paving the way for new business models and supply chain innovation. The freight industry, including small and medium-sized enterprises, also stands to benefit from improved multimodal linkages and transit systems for better supply chain efficiency, optimised transport costs and faster delivery.

PSA and SATS will collaborate on a wide range of cross-industry initiatives, particularly in the perishables, electronics, and e-commerce spaces. From “Yard-to-Port” data linkages and network extensions between both companies, to enhanced track-and-trace capabilities; the partnership will facilitate data transparency and ease of shipment movement within different free-trade zones (FTZs).

Beyond physical cargo movement, PSA and SATS will also integrate their systems to aid regulatory compliance and build data analytics capabilities. CALISTA™, the global supply chain platform developed by PSA’s subsidiary GeTS Asia, will be linked with COSYS+, a comprehensive cargo terminal handling & management system operated by SATS, to provide real-time updates and greater visibility for shipments transported via multimodal channels.

PSA Group CEO Tan Chong Meng, said, “Shippers are increasingly seeking innovative multimodal solutions for their cargo to reach their preferred markets competitively. This partnership with SATS will enhance Singapore’s ability to offer unique air-sea multimodal connectivity to fulfil these demands. In addition, through digitally connecting CALISTA™ and COSYS+, we will be able to offer multimodal users’ greater visibility of their cargo and better protection of cargo integrity, with optimised transit times and costs.”

The collaboration promises new opportunities for PSA to co-create and provide innovative service enhancements, to benefit the global supply chain in the long run.

For more information, please click HERE for the official press release.