Pontegadea Inversiones, the Spanish investment firm best known for its ties to global fashion retailer Inditex, has agreed to acquire a 49% stake in PD Ports.
Launched amid much fanfare, the new scheduled service significantly cuts transit times and improves reliability and freight volumes on the established land-sea corridor.
The British Ports Association has welcomed new measures in the UK Government’s Industrial Strategy that recognise ports as a key part of the national economy.
The launch marks the arrival of the first in a fleet of thirty units developed with rolling stock manufacturer Stadler and leasing partner Beacon Rail.