Transport and logistics provider, Hi-Trans Express, has invested in an e-commerce logistics provider.
The new investment will see Parca Logistics operate as a separate business within the Hi-Trans Group.
During the initial growth stage, Hi-Trans Express will provide Parca with back-office support through its established systems and infrastructure.
This arrangement will allow Parca to focus on its core operations and business development, with the ability to immediately onboard customers and upscale as required.
Hi-Trans Express CEO, Tony Mellick, was pleased to make the announcement.
“The Parca investment expands our B2B service offerings and positions us for new B2C e-commerce services which is an exciting growth market,” he told Prime Mover.
“Unlike many other e-commerce 4PL players, particularly the start-ups, Hi-Trans provides Parca with the credibility of hard assets and an established linehaul network.
“I’ve worked with the founders of Parca Logistics, Mark McGinley and Hoy-Yen Hooper, previously in our careers and when the opportunity arose to partner with their new venture Parca Logistics, we all agreed it was a great fit.
“Our Hi-Trans Group Board is very aligned and supportive of our strategic growth journey and were quick to secure this investment.”
According to Mellick, this investment will accelerate its ability to offer customers break bulk services, including a metro delivery platform for customers.
The partnership will ultimately allow Hi-Trans Express to focus on its core competency in bulk FTL and LTL transportation while providing Parca Logistics with the support it needs to grow market share in the last mile.
“Whilst we are operating as separate companies, we are excited by the opportunity to optimise our combined strengths and offer our customers a more comprehensive logistics solution,” Milleck told Prime Mover.
Additionally, Hi-Trans’ linehaul and regional network capabilities will enable the Parca Logistics offering of metro and regional services from a central distribution centre (DC) or decentralised DC operations.
“The Hi-Trans Express and Parca Logistics strategic partnership will form a unique point of difference for both organisations and will provide an alternative to the current e-commerce sellers for fast, reliable and flexible Australia-wide delivery solutions,” said Mellick.
“We are looking forward to being a key investor and enabler in the Parca Logistics Journey.
“Over the coming months, our sales teams will collaborate on the opportunities for our new and existing customers.”
In other news, a survey probing CEO expectations found skills shortages, inflation and supply chain disruption topped the list.
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