Hyster-Yale and PortxGroup enter agreement
Hyster-Yale Group, a leading integrated full-line lift truck manufacturer, is pleased to announce a strategic partnership with PortxGroup, a prominent player in logistics solutions, to exclusively distribute Hyster products in key Asian sub-regions. The agreement positions PortxGroup as the sole Hyster dealer for sea ports and terminals in Thailand, Malaysia, Indonesia, and South Korea, adding to PortxGroup’s earlier appointment as a Hyster dealer for the Pacific region.
PortxGroup has been an invaluable representative for Hyster in the Pacific Islands for the past two years, demonstrating unparalleled success in challenging environments and port development projects. Leveraging its extensive experience and robust networks in the sea ports and container terminals across Asia, PortxGroup will focus on expanding the presence of Hyster’s container handling equipment in the region.
Simon Munn, vice president, Dealer Development, JAPIC, Hyster-Yale Group, expressed enthusiasm about the exclusive partnership, stating, “PortxGroup’s proven track record, extensive experience, and commitment to customer satisfaction make them the ideal partner to represent Hyster exclusively for sea ports and terminals in these key Asian markets. We believe that their dedication to excellence aligns perfectly with the values of Hyster-Yale Group.”
In response to the appointment, Peter McLean, principal at PortxGroup, shared his excitement about becoming an exclusive Hyster dealer for sea ports and terminals in Asia. He stated, “I am honoured to be given the opportunity to be a Hyster dealer for sea ports and terminals. Asia is one of the most dynamic and diverse regions — a territory that requires a business that is fiercely committed to customers.”
McLean emphasised the strategic importance of the partnership, highlighting the comprehensive range of high-quality tier-one materials handling equipment and sophisticated engineering solutions that PortxGroup will now offer to sea ports and terminals in the region. “This exclusive dealership enables us to provide one-stop-shop solutions, delivering the renowned quality of the Hyster brand combined with our long-term partnership approach to business,” he said.
Effective 1 December 2023, PortxGroup serves as the exclusive Hyster dealer in the designated sea port and terminal areas, and Munn is confident in the success of this new venture. He added, “We are excited about the potential that this exclusive partnership with PortxGroup holds. With their strong industry presence and our commitment to innovation, we aim to further elevate Hyster’s business in the key markets of Thailand, Malaysia, Indonesia, and South Korea, solidifying our position as a leader in materials handling solutions for sea ports and terminals in Asia.”