We are pleased to announce the successful acquisition of the Coatbridge Rail Terminal from Freightliner. This strategic move strengthens Russell Group's commitment to sustainable logistics and reinforces our position as a comprehensive solution provider in the industry.
Located directly adjacent to the existing Russell Group Coatbridge operation in Scotland, the acquisition marks a significant milestone in our company's growth and expansion plan. It gives rise to a new trading entity, Russell RailRoad Limited, dedicated to driving innovative rail freight solutions and fostering stronger collaboration within the Group.
The expansion of Russell Group's operations will bring numerous benefits to stakeholders across the board. For employees, the growth of the company presents new career opportunities and avenues for professional development through the expansion of our operations and the diversification of services offered. Customers, meanwhile, will enjoy an enhanced logistics experience with the integration of multimodal solutions, improved connectivity, and faster delivery times. Additionally, the shift towards rail freight will significantly reduce greenhouse gas emissions, aligning with Russell Group's commitment to achieve NetZero by 2040.
Reflecting on the benefits of our recent expansion, Russell Group CEO, Alan Poulton stated:“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 RailRoad Limited is poised to leverage its strategic location and combined expertise to offer a compelling value proposition to the market. This acquisition reflects Russell Group's continued commitment to delivering sustainable, efficient, and customer-centric logistics solutions for a greener future.
Russell Group founder and Chairman, John G Russell said:
"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.”