2024-05-28 08:57

DP World Expands Operations and Launches New Rail Service



DP World has announced the expansion of its Australian operations and the launch of its new rail service at Stockland’s Yennora Intermodal Terminal, one of the largest logistics facilities in the Southern Hemisphere.
 
An official ribbon cutting ceremony was today held at the Terminal, attended by Julia Finn, Member for Granville (NSW), Parliamentary Secretary to the NSW Premier; Amna Al-Suwaidi, Deputy Head of Mission, Embassy of the United Arab Emirates in Australia; Nicolaj Noes, Executive Vice President, Oceania, DP World; Tarun Gupta, Managing Director and CEO, Stockland; and Marika Calfas, CEO, NSW Ports.

From today, the Yennora Intermodal Terminal will offer two direct rail services to and from Port Botany per day on a dedicated DP World-owned and operated rail line. The daily port-rail service is expected to manage an annual rail capacity of 160,000 20-foot cargo shipping containers, known as TEUs, to achieve higher efficiencies. It is also expected to reduce up to 160 truck trips per day, lowering overall emissions.
 
This significant milestone will enable DP World to provide an integrated supply chain solution across landside operations, contract logistics and freight forwarding. DP World's enhanced logistics capabilities will provide cost efficiencies, reduce transit times, and improve supply chain resilience. Nicolaj Noes, Executive Vice President, Oceania, DP World, said: “At DP World, we are establishing our own assets and building infrastructure where it's needed to create seamless connections and provide increased control and flexibility. Our partnership with Stockland and expanded presence at the Yennora Intermodal Terminal means that we can offer services that suit the growing needs of our customers, and they can better rely on us to ensure their goods are delivered in a timely manner.” 

< Korea Shipping Gazette >

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