DB Schenker Rail UK invests in unique multimodal Euro-Hub development
DB Schenker Rail UK has announced the development of a multimodal Euro-hub for the import and export of finished vehicles, which will be the only rail linked facility of its type in the country, connected to HS1.
The company has taken a 20 year lease on a 34 acre site in Barking, East London, with plans to initially construct a rail connected facility to accommodate the unloading, storage, preparation and distribution of imported and exported finished vehicles.
It will be ideally situated at the most westerly point of connection to the European rail network, providing a pivotal link between the UK and Europe. It will also have excellent access to the UK strategic highway infrastructure.
Geoff Spencer, CEO of DB Schenker Rail UK, said: “Barking Euro-Hub is a truly innovative new offering to the automotive import/exports market. DB Schenker Rail UK has been moving finished vehicles by rail through the Channel Tunnel since it opened 20 years ago so we are well placed to develop the Barking site. It will bring huge benefits to our customers and the broader industry.”
The terminal will initially have the capability of handling up to 150,000 finished vehicles per year. It will provide simplified logistics supply chain solutions for customers, reducing transhipment and the associated risk of damage through handling. Furthermore, it will also allow for significantly shorter transit times and reduced CO2 emissions when compared to current typical international transit modes in the automotive sector.
The new facility is expected to open in March 2015. It has the potential to create 21 local jobs over the coming years and will have the capability to handle intermodal traffic both internationally and domestically, creating a dynamic site that presents a genuine opportunity to drive modal shift.
For more information, please visit: http://www.rail.dbschenker.co.uk/rail-uk-en/News_Media/press/news/8588182/Rail_Invests_in_Euro-Hub_development.html