Logistics lobby group the Freight Transport Association (FTA) has criticised what it believes are the ‘mixed signals’ being received by the rail freight sector from the Government and the Office of Rail and Road.
While there is good news for rail in the confirmation of increased funding for Network Rail’s next Control Period in 2019-24, higher access charges to use the rail network could inhibit much-needed growth in rail freight volumes.
The Office of Rail and Road (ORR) has recommended a two-year freeze on access charges at the beginning of CP6, followed by a ramping up of charges over the following three years. T
his will increase the total variable charges for freight during CP6 by 10% in real terms, with further increases likely between 2024 and 2029 unless Network Rail makes a dramatic increase in its efficiency.
Read more in the December issue of The RM – on sale now!
Railway ReadsFrom the history of steam through to 21st century rail transport news, we have titles that cater for all rail enthusiasts. Covering diesels, modelling, steam and modern railways, check out our range of magazines and fantastic subscription offers.
Get The Railway Hub Weekly Round-upEnter your e-mail address below and you will receive weekly rail news straight into your inbox...
You can unsubscribe at any time.
About the Author
- From the archive: Bredgar’s little gem - 21st May 2020
- Tragedy on the West Coast Main Line: Defining moment in level crossing use - 14th May 2020
- From the archive: Engineering – South Devon Railway style - 7th May 2020