The Japanese shipping container giant Ocean Network Express (ONE) announced November 6 that it had completed its acquisition of a 51% stake in TraPac LLC and Yusen Terminals LLC (YTI), as well as a 20% stake in Rotterdam World Gateway. With these acquisitions, ONE now has a presence in Northern Europe, Southeast Asia and the West Coast of the U.S.

TraPac and YTI maintain operations in Los Angeles and Oakland, California. They have a combined capacity of 4.3 million TEU annually.

Meanwhile, Rotterdam World Gateway, which operates out of the Netherlands, has an annual capacity of 2.6 million TEU.

“Container terminals are a critical link in the supply chain with the unique ability to cushion the impact of operating disruptions. ONE will leverage these terminals to help customers manage supply chain disruptions and improve service quality,” said Hiroki Tsujii, the managing director of ONE’s Product & Network Division. “In addition, these assets will enable ONE to deliver faster and more reliable service to our customers.”