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Podcast K44

Transpotalk

    Medlog expands in the UK container transport sector

    Foto: Maritime Transport

    MSC has made a significant move in the British road transport sector by having its subsidiary Medlog, which specializes in land transport, acquire Maritime Transport. This acquisition, announced on September 2, 2024, did not disclose the financial details of the transaction. According to Maritime Transport's filings with Companies House, the company generated approximately £400 million in revenue during the 2023 financial year, equivalent to about €474.5 million, with an EBIT of £20 million (approximately €23.7 million).

    Founded in 1974 and headquartered in Felixstowe, Maritime Transport offers a comprehensive range of supply chain services, including container transport and storage, national distribution, warehousing, freight management, and truck sales. Under the leadership of Executive Chairman John Williams since 2001, the company has expanded to own and operate over forty sites, including a network of rail terminals. Today, Maritime Transport employs 3,000 people and operates a fleet of 1,600 tractor units dedicated to container transport.

    Maritime Transport is also active in intermodal transport, running around twenty daily rail services through a network of terminals across the UK. Recently, it launched new rail services from London Gateway to its terminals in Trafford Park and Wakefield. In 2023, the company ordered 14 new reach stackers for €8 million and placed a significant order for 18 battery-electric 42-tonne tractor units, part of a broader acquisition of 48 battery-electric and hydrogen-powered trucks. In this context, Maritime is participating in the Zehid project, aimed at the deployment of zero-emission trucks.

    © TrasportoEuropa - Riproduzione riservata - Foto di repertorio
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