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Railhub Archive 1995-12-13 DoT-001 Department of Transport0
Rail freight revolution shifts into high gear – Sir George Young
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 British Rail
 grants
 privatisation
 railfreight
 
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       Rail freight revolution shifts into high gear – Sir George Young _______________________________________________________________

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type Press release note 421
The rail freight revolution continued today when Mainline Freight – one of BR's soon to be privatised Trainload Freight companies – was offered the first 100% track access grant by Transport Secretary, Sir George Young. Announcing the offer of the grant, which will save 20,000 lorry journeys a year through London, Kent and Suffolk, at the Railfreight Group Christmas lunch, Sir George Young said: "We are determined to get more freight on the railways, and I am delighted to announce today's offer of a 100 per cent track access grant to Mainline Freight. "The rail freight revolution is shifting into high gear. Last weekend saw the sale of Rail Express Systems, and at the beginning of the month National Power began to run their own trains - clear evidence of the private sector's commitment to the railways." In addition to National Power, Direct Rail Services are expected to start operating trains in the next few days. With the privatisation of BR's freight businesses now well underway, Sir George Young revealed that a study had begun to assess the options for the privatisations of BR's Channel Tunnel freight business. Sir George Young said: "Public opinion is now shifting firmly in favour of safer, cleaner, less intrusive freight transport. I firmly believe that getting the rail freight business into the private sector will get more lorries off the road. That will be good news for the railway industry, and the environment." Notes to editors 1. The 100 per cent track access grant offered to Mainline Freight is for the steel scrap which goes from Willesden and Snailwell on behalf of Co Steel Sheerness Ltd. 2. Under the Government's Freight Grants Scheme, grants are available towards Railtrack's charges for access to the railway network. This offer of grant assistance is made under the provisions of section 137 of the railways Act 1993. 3. BR's Trainload Freight business was split into three geographically based divisions in April 1994. The three companies - Loadhaul Ltd (North-East), Mainline Freight Ltd (South- East) and Transrail Freight Ltd (West and Scotland) - were vested on 1 April 1995.
Railhub Archive ::: 1995-12-13 DoT-001
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