Felixstowe, UK: Maritime Transport will develop, lease, and operate Tritax Symmetry’s planned £750m rail freight interchange at Hinckley.
When operational, the 40-acre site will be capable of handling 16 trains a day removing more than 83 million HGV miles from UK roads, the company says.
The new terminal, which will sit alongside 7 million sq ft of warehousing will strengthen rail freight connections between the Midlands and the major ports of Felixstowe, Liverpool, London Gateway, Southampton, Teesport and Mossend, serving Scotland.
The scheme remains dependent on the Secretary of State for Transport’s approval of a Development Consent Order; the outcome is due in September 2024.
Jonathan Wallis, director, Tritax Symmetry, said: “Maritime Transport’s commitment to an SRFI at this early stage is a significant first in the sector and reflects ultimate confidence in the location’s suitability for rail freight from the leading road and rail freight location provider in the UK.”
John Williams, executive chairman, Maritime Transport, said: “We are delighted to agree terms with Tritax Symmetry to become the long-term operator of the new SRFI, in planning, at HNRFI. This development will strengthen our rail-connected network and our strategy of decarbonising the full load supply chain in the UK, moving cargo closer to the end user by rail.”