Tibbett Logistics to open second intermodal logistics terminal in Bucharest

Oct. 19, 2011 - PRLog -- Romania’s largest privately owned contract logistics specialist, Tibbett Logistics – part of the fast-growing UK-based Keswick Enterprises group – has further underlined its strong market position by announcing plans to open a second intermodal (road-rail) terminal in the west of Bucharest – the heart of the country’s logistics activity.

Tibbett Logistics has operated an intermodal terminal in the east of Bucharest – primarily for block trains of maritime containers – since 2008.  Activities there will continue, and the new terminal will commence operations at the beginning of November this year.

The new terminal is located within Europolis Park Bucharest – part of CA Immo Group’s property portfolio in Romania – and will handle Tibbett Logistics’ own block trains between the city and the Port of Constanta, as well as trains with swap-bodies, containers, semi-trailers and tank containers to and from Western European countries.  Discussions are also advanced concerning the handling of car transporters.

The new terminal will be developed in phases over the next 12 to 18 months, with expectations that 14 trains a week will be handled by Q2 2012.  In addition to the terminal platform for handling intermodal units, Tibbett Logistics will also operate an 8,500 sq metre warehouse within the terminal, with a rail siding for unloading conventional rail wagons directly into the warehouse.

Tibbett Logistics currently operates a separate 22,000 sq metre retail distribution warehouse in Europolis Park Bucharest, where it has been present since 2008.  In fact, it runs a total of five such distribution centres within a 10 km radius – employing over 550 people.

Tibbett Logistics CEO, David Goldsborough, commented: “The demand for sustainable and efficient logistics solutions is increasing across south east Europe, and interest in intermodal solutions has been growing over recent years.  The key to the success of intermodal operations is to locate the terminal as close as possible to the service’s customers.  For this reason we are delighted to be undertaking this development with CA Immo, which should help to reduce the impact of road traffic across Romania and create jobs in the area.”

Marian Roman, Managing Director of CA Immo Real Estate Management Romania, added: “Europolis Park Bucharest offers opportunities to a wide range of end-users in the world of supply chain and logistics management.  It’s an outstanding multimodal logistics park with a modern and flexible warehousing infrastructure.  The rail terminal comes as a logical further development of the park, after we identified the need for a sustainable – i.e. both ‘green’ and cost-effective – transportation solution for existing and future clients.”

Tibbett Logistics offers comprehensive logistics services to the automotive, textiles, retail and other FMCG sectors throughout Romania and beyond.  The business was rebranded as Tibbett Logistics in May 2011 following Keswick Enterprises’ acquisition of both Delamode Logistics and Delamode’s joint venture with DHL – DHL Delamode – in Romania.  Tibbett Logistics now manages some 100,000 sq metres of warehousing in the country.

For further information please see www.tibbettlogistics.com and www.keswickenterprises.com.

ENDS

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NOTES FOR EDITORS

About Keswick Enterprises

Keswick Enterprises Ltd is a UK-based private equity company specialising in logistics and supply chain-related services, operating domestically and internationally.  Formed in 2004, the business makes strategic investments and acquisitions in supply chain-related companies – where through proactive management it can add know-how and experience.  It has reinforced incumbent managements and invested resources to extend capabilities.

Keswick Enterprises is headed by John Harvey CBE, former Executive Chairman of the intercontinental logistics giant Tibbett & Britten Group plc.

About CA Immo Group

CA Immo was founded in 1987.  The company invests in commercial real estate in Austria, Germany and Eastern Europe.  CA Immo's property assets in 2011 stand at just over €5bn, and the Group's portfolio in Romania comprises some 330,000 sq metres of rentable area.  Properties include the logistics development, Europolis Park Bucharest, plus the office buildings: Opera Center I and II, Bucharest Business Park, Europe House and Riverplace.

For further information please see www.caimmoag.com.

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Hayes Anderson Limited is a PR company dealing with clients in the logistics, supply chain management, freight forwarding, co-packing and packaging manufacturing sectors.