Monday, November 3, 2014

New Rail Terminal Facility Increases General Hauliers Multimodal Freight Capability

Eddie Stobart Signs Up for a New Building
Shipping News Feature

UK – Eddie Stobart, now a multimodal logistics operator as much as general road haulier, has signed a lease agreement for a purpose-built 420,000 square foot rail-connected distribution centre at the Daventry International Rail Freight Terminal (DIRFT) with the Prologis Group. The facility will enable Stobart to integrate road and rail freight services for traffic moving to and from several UK ports.

The rail-connected facility will be located at the second phase of Daventry International Rail Freight Terminal (DIRFT II) and the new building, which will be cross-docked, has been designed to achieve BREEAM 'excellent' accreditation and an EPC A rating. DIRFT II's boast is that its central location and proximity to major motorways provides direct access to over 98% of the British population. Andrew Griffiths, Managing Director of Prologis, commented:

"This is the first building we have let to Eddie Stobart and we are delighted that we can meet the company's requirements. DIRFT II is now complete, but with our ongoing investment in DIRFT III, we can continue to offer our customers the best opportunities in the market for rail-served distribution facilities."

Prologis owns and manages approximately 23 million square feet of logistics and distribution space in the UK and construction of Stobart's new building will begin immediately, with completion scheduled for next summer. William Stobart, chief executive of Eddie Stobart, observed:

"This new building will further our rail capability and is a significant investment in the continuing success of our business."