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Another major milestone for Australia's largest intermodal precinct for which our ESR subsidiary LOGOS is the investment and development partner!   The Prime Minister of Australia Anthony Albanese (pictured, centre) and Catherine King MP (pictured, fourth from left), Department of Infrastructure, Transport, Regional Development and Local Government today officially opened the new Interstate Rail Terminal situated at the 243-hectare Moorebank Intermodal Precinct, where LOGOS is responsible for the development of the site, including the land and warehouses. John Marsh (pictured, left-most), Co-CEO and Co-Founder, LOGOS was present for the opening celebration.   Jointly operated by National Intermodal, Qube and LOGOS, the Interstate Rail Terminal will enhance supply chain resilience, drive greater freight efficiencies between all mainland capital cities, and relieve pressure on roads and highways amid the continual increase in freight volume.   Once fully operational, the terminal will target 500,000 twenty-foot containers annually. Each train arriving at the terminal will have capacity for 1,500 tonnes of freight and can remove 100 ‘B Double’ trucks from Australia’s roads. Moorebank Intermodal Precinct was also recently shortlisted for ‘Best New Mega Development’ at the prestigious international MIPIM Awards. Find out more: https://lnkd.in/gTT94KFy #ESRGroup #ESR #Investment #FundManagement #NewEconomy #Development #LOGOS #Logistics #SustainableFuture #ESG

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