Russell Group has announced that they have successfully acquired Coatbridge Rail Terminal in a move to strengthen their commitment to sustainable logistics.
The terminal has been acquired from Freightliner and will see a new trading entity launched – Russell RailRoad Limited.
The shift to rail freight will reduce greenhouse gas emissions, helping Russell Group's aim to become NetZero by 2040.
“Acquiring Freightliner's Coatbridge site unlocks many new supply chain opportunities for our company's future. Integrating this strategic asset into our intermodal network expands our network, offering customers increased connectivity and faster deliveries across more diverse routes and destinations. This enhanced efficiency goes hand-in-hand with environmental responsibility, enabling us to significantly reduce emissions and support both the Company's and our customers' sustainability objectives by shifting freight from road to rail. Overall, this strategic acquisition reinforces our commitment to enhance both customer service and our commitment to deliver sustainable, low-carbon logistics.”
Russell Group CEO, Alan Poulton
“With great pride, we announce the successful acquisition of the Coatbridge Freightliner Terminal. This landmark move furthers our 45-year legacy in rail freight, aligning seamlessly with our commitment to expand eco-friendly and far-reaching solutions for our valued customers. We warmly welcome our new colleagues to embark on a journey of collective innovation, growth, and mutual success.”
Russell Group founder and Chairman, John G Russell
Russel RailFreight Limited would have been a more appropriate name for the UK.
Yes, but RailRoad does help highlight the fact that Russell’s also provide road, and intermodal services.