Government sets 2050 target to grow rail freight by 75% - CILT(UK)
Search
Search
You are here: Home > News > Latest News

BLDC24 Wide Skyscraper advert




  



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 


LATEST NEWS

Government sets 2050 target to grow rail freight by 75%

03 January 2024/Categories: Industry News, Freight Forwarding, Logistics & Supply Chain, Rail


The government has set an ambitious target to grow rail freight by at least 75% by 2050. Transport Secretary Mark Harper announced the goal to move more goods by rail, boosting the economy and the environment.

According to the government, more rail freight will cut emissions and congestion.

Mark Harper said: “Rail freight helps keep this country moving, ensuring our supermarket shelves are stocked and materials are supplied to our construction workers. 

“Not only is it the most efficient and environmentally friendly way of transporting many goods, but it helps grow the economy across the country.

“This ambitious plan demonstrates this government’s confidence in the rail freight sector and I hope it encourages businesses to capitalise on the extra opportunities so the industry continues to thrive and deliver for our country.”

The target hopes to spur private investment in projects like GB Railfreight's new maintenance facility in Peterborough.

GBRTT Lead Director Rufus Boyd said: “The government’s announcement for a rail freight growth target of at least 75% growth by 2050 supports what our customers and stakeholders told us in the national call for evidence. That setting a clear ambition for rail freight growth will help bring the sector together, focus minds, break down silos and be a catalyst for private investment.

Rail freight is already a big success story. Moving goods by rail is a greener option and helps cut road congestion, and what we have here is an opportunity to grow rail freight’s modal share. I am convinced that through collaborative working the industry can rise to this challenge.”

The target forms part of improving long-term rail freight capacity, with HS2 funding redirected to network upgrades.

Network Rail's Henry Bates said the target supports rail freight's role in economic and environmental wellbeing, attracting investment for growth.

Print

Number of views (6807)

Tags:

Theme picker

Registered Office:

Earlstrees Court, Earlstrees Road, Corby
Northants, NN17 4AX
Main Switchboard: 01536 740100

Company Registration Number: 2629347 
(A Company Limited by Guarantee)
Charity Registration Number: 1004963

© The Chartered Institute of Logistics and Transport