Tibbett Logistics extends retail logistics operations in Romania 04 July 2014

Expanded contract sees new warehouse open on western edge of Bucharest

Tibbett Logistics has extended its logistics business in Romania with an unnamed leading European multi-national retailer to include the storage and distribution of non-food imports from Asia Pacific and European suppliers.

As a result, the Company has opened a dedicated 8,500 m2 warehouse in Europolis Park on the western edge of Bucharest, its tenth distribution centre in the country.

Tibbett Logistics already handles storage and domestic distribution of the retailer's imported dry food products, plus merchandise from Romanian suppliers, at a neighbouring 22,000 m2 dedicated distribution centre in Europolis Park.

The Company's warehousing portfolio in Romania now exceeds 80,000 m2, making it the country's largest third-party provider of warehousing solutions.

The location of the new site was chosen with transport efficiencies in mind. Imported container freight from the Asia Pacific region is transported from the Port of Constanta to Bucharest by Tibbett Logistics' regular block train service into its own intermodal (road-rail) terminal, located just 50 metres from the new import warehouse.

By Q4, the Company expects to be transporting intra-European imports via intermodal services as well, which will shift some 2,500 truckloads from road to rail, a saving of over 55.0 million tonne-kilometres a year.

This is the first new facility to be opened by Tibbett Logistics in 2014 and further openings are expected to be announced later this year.