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241015 Freight Summit RP crop

Operators convene summit ahead of budget to unlock rail freight growth

  • Senior rail freight industry figures came together yesterday at a Rail Partners summit to discuss where rail freight growth will come from in the next few years and to break down barriers to investment. 
  • Rail freight makes a significant contribution to the economy, supporting growth in sectors from Fast Moving Consumer Goods (FMCG) to construction, and adding £2.45bn in economic value to UK plc every year. Growing rail freight is an opportunity to support wider economic growth – a key mission of the government. 
  • In a challenging business environment, freight companies want to work with the Department for Transport and Scottish government, the regulator and infrastructure manager to identify ways to bolster business confidence – helping freight companies to invest in newer and greener services.