Modalink JV: Antwerp Mainhub Rail Terminal – FS Logistix Expansion

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Introduction

FS Logistix, a subsidiary of the FS Group, has formed a joint venture named Modalink with Lineas to manage the Antwerp Mainhub rail terminal, which handles 1.5 million tonnes of goods and 2,500 trains annually. FS Logistix has acquired a 30% stake in Modalink, with the option to increase its shareholding to 49%.

Modalink Joint Venture

FS Logistix and Lineas have established Modalink to manage the Antwerp Mainhub rail terminal. This partnership aims to improve the efficiency and connectivity of freight services between Belgium, Italy, and other key European routes.

Financial and Strategic Details

FS Logistix holds a 30% stake in Modalink, with the possibility of increasing its share to 49%. The venture is part of FS Logistix’s strategy to become a prominent player in the European logistics sector, aligning with its Industrial Plan.

Operational Scope and Infrastructure

Modalink will manage the Antwerp Mainhub terminal and associated last-mile intermodal services. The transfer of commercial routes, including the Antwerp–Milan link, from Lineas to FS Logistix is included. The terminal spans 200,000 m² and features eight 700-metre tracks, three gantry cranes, and six straddle carriers.

Market Context and Future Plans

The European rail freight market is projected to grow approximately 2% annually between 2023 and 2029. This expansion is designed to ease capacity issues at Italian northern terminals and strengthen FS Logistix’s position in the Belgian logistics market, especially in intermodal operations. The venture supports the expansion of intermodal services along the north–south axis (e.g., Belgium–Italy) and the east–west axis (e.g., France–Romania/Poland).

Conclusion

FS Logistix and Lineas have partnered to create Modalink, a joint venture focused on enhancing freight services and managing the Antwerp Mainhub terminal. FS Logistix has a 30% stake in the venture, with an option to increase it, as part of its plan to expand in the European logistics market. The agreement includes the transfer of commercial routes to FS Logistix.

Company Summary

FS Logistix: FS Logistix is the multimodal logistics company of the FS Group. It has formed a joint venture, Modalink, with Lineas to manage the Antwerp Mainhub rail terminal. FS Logistix’s Industrial Plan focuses on upgrading terminals and creating new, technologically advanced, and environmentally sustainable hubs.

Lineas: Lineas is a Belgian rail freight operator. It has partnered with FS Logistix to form Modalink and manage the Antwerp Mainhub rail terminal. Lineas is transferring commercial routes, including the Antwerp–Milan link, to FS Logistix.

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