Rotterdam, Netherlands-headquartered Den Hartogh Holding B.V., which provides logistics services such as transportation and tank cleaning through its subsidiaries, recently acquired a majority stake in Shanghai Xintao Dangerous Cargo Transportation, which operates as XT Logistics.
The joint venture will significantly increase Den Hartogh’s capability to provide end-to-end chemical logistics services in China, the company said.
“The majority acquisition of XT Logistics will further enhance our domestic footprint in China,” said Pieter den Hartogh, group managing director. “Our integration with an established trucking partner reflects Den Hartogh China’s ambition to offer one stop logistics services for our existing and also prospective customers.”
The joint venture will own and operate an initial domestic fleet of 13 trucks and 20 chassis. XT Logistics also has the necessary Dangerous Goods (DG) trucking license and permits to transport a wide variety of chemicals.
Den Hartogh Logistics has identified the Asia-Pacific (APAC) region as a key engine of growth. Since 2019, the company has expanded its commercial operations and fleet presence in APAC to facilitate customer demands for intermodal chemical logistics.