The SRFI, situated on the West Coast Mainline, will sit alongside 8 million sq. ft of warehouse facilities at the £1 billion West Midlands Interchange (WMI) project.
The first phase of development has already commenced at the 734-acre site, comprising infrastructure works including earthworks, highways construction, water installation and the creation of two new community parks.
Developers Oxford Properties Group (Oxford) and Logistics Capital Partners (LCP) acquired the WMI site in a joint venture in 2021.
James Boadle, Senior Vice President at Oxford, commented: “This next step to create the leading intermodal logistics facility in the UK’s Golden Triangle is a significant one. Maritime are the leaders in their field, and WMI is the leading logistics development in the country – the two coming together will deliver a significant boost to the regional and national economy.
“Demand for best-in-class logistics space that’s sustainable and well connected continues to significantly outstrip supply. With WMI poised to reduce up to 50 million kilometres of HGV traffic annually, today marks yet another milestone for a project that exemplifies both Oxford’s conviction in UK logistics, and our commitment to ESG.”
James Markby, Managing Partner at LCP, said: “Our agreement with Maritime, securing them as the long-term SRFI operator, demonstrates great confidence in the strategic success of West Midlands Interchange. The project is key to decarbonising UK logistics, with rail freight producing up to 70% less CO2 emissions compared to road freight and a leading operator like Maritime will ensure it lives up to its potential.”
Established in 2001, Maritime Transport is now a £400+million turnover business that boasts a network of more than 40 sites, including strategic rail freight terminals at Birmingham, East Midlands Gateway, Hams Hall, Manchester, Mossend, Tilbury, London and Wakefield and Northampton Gateway, under construction.
John Williams, Group Executive Chairman of Maritime, said: “As the leading road and rail freight logistics provider in the UK, West Midlands Interchange is the obvious next addition to our rail network.
“Being the long-term operator of WMI fits exactly with our wider strategy of decarbonising the full load supply chain by moving cargo closer to the end user by rail. We have already substantially increased container movements by rail, from 6% in 2019 to over 24% in 2023.
“We are committed to this strategy of decarbonising which will lead to the introduction of BEV (Battery Electric Vehicle) affecting the first and final mile transport, creating the most sustainable full load supply chain network in the UK.
“As part of the process of preparing to operate from WMI we have submitted a planning application for our site offices.”
To find out more about the development, please visit https://www.westmidlandsinterchange.co.uk/