The Scottish Government has allocated £25million to support the country’s rail freight industry over the next five years.
Scottish Transport Secretary Michael Matheson announced the ring-fenced funding during a visit to Freightliner’s Coatbridge Terminal on May 9. Rail freight operators, Network Rail and Transport Scotland can now put forward proposals for strategic improvements to help transfer more freight to rail.
Other proposals which meet strategic objectives without costly infrastructure upgrades are also being sought. These include work on locomotives and wagons, or other interventions. The fund will be administered by Transport Scotland, and a new Scottish Rail Freight Forum will be established, including members from across the industry.
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