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Government pledges to promote rail freight in King's Speech


The government’s announcement will see the introduction of a statutory duty on Great British Railways (GBR) to promote the use of rail freight, alongside an overall growth target set by the Secretary of State and safeguards to ensure that freight operators continue to receive fair access to the network.

The announcement went on to say that the current rail system is characterised by competing and often conflicting incentives: operators are incentivised to focus on their own revenue and costs, while Network Rail focuses on infrastructure upgrades and maintenance, with little incentive to ensure that these upgrades reflect passenger demand and areas for growth. This leads to huge inefficiency for both passengers and freight. 

Ellis Shelton, Logistics UK's Senior Policy Advisor said: "The planned Railways Bill should end confusion over rail reform and it is encouraging that Great British Railways will have a statutory duty to promote the use of rail freight in addition to an overall growth target set by the Secretary of State.

"While we welcome the government’s commitment for safeguards to ensure freight operators receive fair access to the network, we will scrutinise the details when they are published to ensure that rail freight growth is not inhibited by a lack of track capacity or high costs."

Published On: 25/07/2024 13:25:18

 

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