Scottish logistics giant John G Russell has acquired the Coatbridge Rail Terminal from rail freight and logistics company Freightliner, as part of its wider expansion plans.
The purchase of the terminal, which is located directly adjacent to John G Russell’s Coatbridge operation in Scotland, sees a new trading entity created, dubbed Russell RailRoad Limited.
Russell Group said the acquisition will bring a number of benefits and opportunities including new career opportunities for its employees, enhanced services for its customers, and a “significant” reduction in emissions generated by the shift from road to rail freight, aligning with John G Russell’s aim to become net zero by 2040.
Russell Group chief executive Alan Poulton, said: ”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 chairman, John G Russell, added: “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.”
John G Russell is part of Russell Group, which includes transport and logistics firm John G Russell (Transport), 3PL provider and bulk transport specialist Carntyne Transport and Russell RailRoad, which specialises in intermodal rail services, container haulage, and storage.
The group, which has its headquarters in Glasgow, delivered a £88.9m turnover in 2023 and employs 740 staff across 14 depots in the UK.