Eurotunnel to reduce rail freight charges by up to 50 per cent
Eurotunnel has announced that it will reduce the current level of track access charges imposed on rail freight operators using the Tunnel by up to 50 per cent.
This should allow rail freight in the Channel Tunnel to double in the next five years.
The Channel Tunnel is not being used to capacity, and a major reason for that is high track access charges. As a result, more freight is being carried on lorries, instead of by rail, and the high charges paid by freight operators can be passed onto their customers.
Vice-President of the European Commission Siim Kallas said: "I welcome Eurotunnel's announcement because it should pave the way for more freight to use the Channel Tunnel and at lower prices. It stands to unblock a major bottleneck in Europe's transport network. This is good news for Europe's businesses that rely on effective and competitively priced transport services and good news for consumers they serve. It is also good news for the environment, as rail is the most energy efficient way of transporting goods."
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