Displaying items by tag: Rhenus Group

Rhenus is set to continue its growth and increase its presence in Venlo, with the construction of a new 33,000 square metre building. Rhenus and asset manager abrdn signed a sustainable redevelopment agreement for a period of 20 years. The building, located in Greenport Venlo, will be redeveloped into a BREEAM Excellent and Well Silver building, as per the requirement of Rhenus.

The building will be divided into a 16,000 square metre warehouse, 12,000 square metre transshipment, 3,300 square metre mezzanine and 1,400 square metre office. Construction will start in September is expected to be completed in the third quarter of 2024.

“This location next to the motorway forms an important link in our international groupage 2.0 network”, says Michael van Ooijen, Regional Manager at Rhenus Road. “From Venlo, we can easily drive to other countries or trans-shipment centres in Europe. We will have 12,000 square metres at our disposal for trans-shipment. With groupage 2.0 we want to create a pan-European, full-coverage network for our customers based on daily departures with reliable transit times. Our aim is to become one of the five largest European service providers for groupage transport.”

Nick van Loon, Managing Director Rhenus Road adds: “Additionally, we can offer our customers transport-related storage of 16,000 square metres in Venlo. Moreover, we have all the space here to shape and give substance to the cooperation with other Rhenus divisions and to grow along with our customers. After the redevelopment, the premises will meet our specific needs and requirements.”

Abrdn was supported commercially in this transaction by JLL and M2 Real Estate. Rhenus Road was assisted in this transaction by VSR Vastgoed Advies. Savills advised abrdn in the technical process, Volantess advised Rhenus Road in the technical process, and DLA Piper Nederland assisted abrdn during the legal process.

About Rhenus

The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 8.6 billion. 39,000 employees work at 1,120 business sites and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family-owned business pools its operations in various business units where the needs of customers are the major focus at all times.

About abrdn
• Abrdn is a global investment company that helps clients and customers plan, save and invest for the future. Our purpose is to enable our clients to be better investors.
• Our strategy is to deliver client-led growth. We are structured around three businesses – Investments, Adviser and Personal – focused on their changing needs.
• The capabilities in our Investments business are built on the strength of our insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge.
• Our teams collaborate across regions, asset classes and specialisms, connecting diverse perspectives and working with clients to identify investment opportunities that suit their needs.
• As at 30 June 2023, our Investments business manages EUR428.4 bn on behalf of clients - including insurance companies, sovereign wealth funds, independent wealth managers, pension funds, platforms, banks and family offices.

abrdn.com

The value of investments and the income from them can go down as well as up and investors may get back less than the amount invested.

The Rhenus Group, one of the leading international forwarding specialists, has had a successful year, with strong growth and major developments, and no indication of slowing down. Following a period of substantial investment in global acquisitions including The PSL Group (UK), World Net Logistics (South Africa), Rodair (Canada), and Freight Logistics (USA), Rhenus also went through a significant digital transformation.

Last year saw Rhenus UK's new IT Portal designed and implemented, giving customers the option to book shipments straight from a quotation using its web order service. This allows customers to create simple templates, print labels, access loading lists and more, all while using the Rhenus traditional track and trace service.

Automation was, and continues to be, an area of significant growth for the Rhenus Group with its Tilburg facility. BREEAM named the warehousing location the world's most sustainable building, which fits the digital integration vision of Rhenus. Containing nineteen robots handling the storage and picking of high-quality products for various sectors and customers, the AutoStore system from Swisslog is connected to Rhenus' warehouse and transport management systems. In addition to this, Rhenus has been investing in its warehousing facilities and value-added services in the UK through its acquisition of warehousing and ecommerce solution specialist, Core Management Logistics (CML).

In another development, 2019 saw Rhenus Germany receive its first e-trucks – a greener alternative to the traditional container trucks. In tune with this, Rhenus reached a new sustainable milestone when it released the first-ever worldwide carbon dioxide (CO₂) reduction programme for air freight, RHEGREEN. A free-of-charge service, offering customers the opportunity to choose a 'greener' aircraft for their shipment of cargo by air freight – offering CO2 emission reductions between 10 and 40 percent.

Spencer Davern, Director of Air and Ocean at Rhenus Logistics UK, said: "A key topic for Rhenus UK in 2019, and a particular focus for the year ahead, has been its temperature control division. Last year saw us transport a number of vital goods to a variety of global businesses, including 101 handmade chocolate stiletto shoes from Fulham to Dubai for Arab Fashion Week. With Rhenus continuing to expand globally and customer demand for international shipping growing, 2020 is set to be an interesting year for not only us but the entire logistics industry."

For more information visit: https://www.rhenus.com/en/uk/about-us/our-year-in-review/

About Rhenus

The Rhenus Group is a leading logistics service provider with global business operations and an annual turnover of EUR 5.1 billion. Rhenus has business sites at 660 locations worldwide and employs 31,000 people. The Rhenus Group provides solutions for a wide variety of different sectors along the complete supply chain; they include multimodal transport operations, warehousing, customs clearance as well as innovative value-added services.