Wednesday 26th Oct 2016 - Logistics Manager

P&O Ferrymasters invests 2.7m euros in fleet

P&O Ferrymasters has invested 2.7 million Euros in its fleet, to help deal with the 14 per cent volume growth predicted for this year. The investment includes an order of 600 45ft pallet-wide, high cube containers from Dutch intermodal container supplier Unit45, 300 of which will be targeted at the volume growth business, and 250 will replace older vehicles.

Intermodal director for P&O Ferrymasters, Bart Verbeke, said: “There is a continuing growth in intermodal activity in existing core markets across Europe and also emerging markets including Poland and Russia. This investment puts P&O Ferrymasters in pole position when it comes to meeting the business and environmental demands of customers in this expanding area of logistics.

Production of the units will begin in China in February and the first containers will join the fleet in the summer with all 600 expected to be fully operational by the end of this year.