Rail freight

07.06.18

Choosing rail freight over road delivered £1.7bn economy boost in 2016

Freight rail brought £1.7bn in economic profits to Britain in 2016, with regions in the north west, Yorkshire & Humber, Scotland, and the West Midlands benefitting the most.

Figures released today by the Rail Delivery Group (RDG) found nearly £1.2bn of productivity gains for British businesses that chose to use rail freight instead of road, as well as an extra £0.5bn of “externality benefits” to the country such as reducing congestion on roads, improving air quality, and reducing carbon emissions.

Regions in the north benefitted the most from it: the north west reaped the highest reward of cash into its economy with £331m in benefits, almost one-fifth of the total benefits across the UK. Yorkshire & Humber was the second highest, receiving a total of £324m from freight transport.

Externality benefits such as environmentally positive impacts from freight were also highlighted in the report. Each freight train removes up to 76 heavy goods vehicles (HGVs) from Britain’s roads. Carbon emissions are reduced by 76% compared to road haulage when freight transport is used.

The vast majority of revenue was created away from London, with 87% of benefits secured outside the south east. But freight delivering 40% of construction materials to London meant it still had a large influence in the City.

Investment played a large part in the freight industry’s growth over the last 20 years; operators and the government invested a collective £3.5bn into freight rail since 1997. Investment from terminals and ports such as London Gateway and Liverpool have allowed the areas to thrive.

Paul Plummer, chief executive of the RDG, said: “Working together, the partnership railway stands ready to do more to increase the benefits that rail freight is delivering for Britain.

“As we prepare to develop new trading relationships outside the European Union, we can build on the £30bn worth of goods carried by rail freight, connecting more British businesses with new markets via our sea ports around the country.”

Enjoying RTM? Subscribe here to receive our weekly news updates or click here to receive a copy of the magazine!

Comments

There are no comments. Why not be the first?

Add your comment

 

related

rail technology magazine tv

more videos >

latest rail news

Strike news: guards row brings fresh strikes to Northern, South Western called off

19/06/2018Strike news: guards row brings fresh strikes to Northern, South Western called off

Members of the Rail, Maritime and Transport (RMT) union have walked out in a fresh dispute between the union and Northern Rail over a long-runnin... more >
TOC bosses appear before MPs, blame chaos on infrastructure failures

19/06/2018TOC bosses appear before MPs, blame chaos on infrastructure failures

Bosses from Govia Thameslink Railway (GTR) and Northern Rail cited failures in infrastructure being completed in time and last-minute change... more >
Labour to launch no confidence challenge against Grayling

19/06/2018Labour to launch no confidence challenge against Grayling

The transport secretary is under fire in parliament today as Labour looks to draft a motion of no confidence in the Commons. The party is us... more >

editor's comment

23/01/2018Out with the old...

Despite a few disappointing policy announcements, especially for the electrification aficionados amongst us, 2017 was, like Darren Caplan writes on page 20, a year generally marked by positive news for the rail industry. We polished off the iconic Ordsall Chord (p32), hit some solid milestones on Thameslink (p40), progressed on ambitious rolling stock orders (p16), and finally started moving forward on HS2 (p14) ‒ paving the way for a New Ye... read more >

last word

Encouraging youngsters to be safe on the railway

Encouraging youngsters to be safe on the railway

This summer, Arriva Group's CrossCountry and the Scout Association joined to launch a new partnership to promote rail safety among young people. Chris Leech MBE, business community manager at the... more > more last word articles >

'the sleepers' daily blog

How biometrics can help improve health and safety measures on railway construction projects

20/03/2018How biometrics can help improve health and safety measures on railway construction projects

ADVERTISEMENT FEATURE Biometric identity, time and attendance specialists Donseed looks at how biometric technology is already starting to enhance health and safety measures on railway construction projects. Advances in technology are starting to transform the way in which the rail network in the UK is managed, operated and maintained.... more >
read more blog posts from 'the sleeper' >

comment

Apprenticeship levy: the latest picture

05/06/2018Apprenticeship levy: the latest picture

Mark Holmes, head of membership and development at NSAR, describes the current resources available to the rail industry to ensure companies of al... more >
Moving in the right direction

05/06/2018Moving in the right direction

Alex Cropper, head of projects group at Transport for Greater Manchester (TfGM), reports on the exciting progress so far in building the Trafford... more >
Overcoming leaves on the line

05/06/2018Overcoming leaves on the line

Paul Gray, professional lead of engineering R&D at the RSSB, explains how latest research proves using double variable rate sanders on trains... more >
Rail: A woman’s world

18/05/2018Rail: A woman’s world

RTM’s Sacha Rowlands reports from a panel debate where six of the industry’s leading figures convened to discuss the fundamental issu... more >

rail industry focus

View all News

interviews

Transforming travel in the north west

06/02/2018Transforming travel in the north west

RTM’s Josh Mines talks to Robin Davis, head of new trains at TransPennine Express (TPE), about the huge rolling stock change journey the co... more >