Yusen Logistics sign £280m deal with SEGRO for new warehouse - CILT(UK)
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LATEST NEWS

Yusen Logistics sign £280m deal with SEGRO for new warehouse

12 March 2024/Categories: Industry News, Freight Forwarding, Logistics & Supply Chain, Net-Zero


A new contact has been signed between Yusen logistics and SEGRO, owner, manager and developer of modern warehouses and industrial property for a new shared warehouse facility.

The facility located at SEGRO Logistics Park in Northampton is the largest new build project for Yusen Logistics with the site planned to be fully operational by summer 2025.

It is designed to achieve a BREEAM Excellent rating, which will reduce carbon to net zero during build and is designed to save approximately 418 tCO2e in scope 1 and 498 tCO2e in scope 2 annually.

David Goldsborough, Managing Director said: "This Yusen Logistics UK facility, in partnership with SEGRO, sets a new logistics industry benchmark and further emphasizes Yusen Logistics’ commitment to providing sustainable logistics services by 2030.  We are both proud and excited to be a part of this exciting project and look forward to achieving our sustainability goals." 

An investment of £280m in the 1,191,000 sq ft facility has been designed to incorporate several key initiatives that Yusen Logistics believe will achieve net zero for the operation.

The warehouse will benefit from a solar array spanning the entire roof space, generating approximately 1,850 MWh in the first year and enjoys excellent connectivity to the M1 as well as public transportation.

The facility is also immediately adjacent to SEGRO’s 35-acre Strategic Rail Freight Terminal.

Increased cycle storage, car charging for 220 Electric Vehicles and 220 truck parking spaces including Electric Truck charging with 70 loading docks and 6 level access doors will also feature at the site.

Dan Holford, Head of National Markets at SEGRO, said: “We’ve been working hard to create the infrastructure and develop this site in preparation for the first warehouses. It is testament to our strong customer relationship that Yusen Logistics UK has chosen to grow with us and become a strategic occupier at SEGRO Logistics Park Northampton.

“SEGRO Logistics Park Northampton not only represents a critical piece of our national industrial infrastructure for storing and transporting goods, it is enabling employment and economic growth and doing so with sustainability at its heart. We’re particularly pleased that rail freight terminal is proving to be an important factor in the decision to locate at this development.”

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