The EU’s Emissions Trading System 2 (ETS-2) could be a serious obstacle for the rail freight industry. It would be an additional financial burden but also hamper decarbonisation in transportation as a reverse modal shift could be “imminent”. The EU’s new emissions trading system, ETS-2, could be a serious burden on the rail freight sector.…
Work underway on new rail-river aggregates terminal in Normandy
Aggregates specialist Carrières de Vignats has laid the foundation stone for a multimodal freight terminal that will allow the transport of construction feedstock from Western France to the Greater Paris region by rail and river. Work began last September at the company’s site in Val d’Hazey in the département of Eure, in Normandy. The terminal…
Spanish region gets billions of euros for Atlantic Corridor development
The Spanish Ministry of Transport will invest 2.8 billion euros for the development of the TEN-T Atlantic Corridor in the Asturias region. The vast majority will be allocated to the railways. Of the 2.8 billion euros allocated for Asturias, 2.42 will be dedicated to railway projects. The remaining funds will be split between road infrastructure…
Ukrainian Railways receives half a billion euros in international support
Ukrainian Railways (UZ) is receiving approximately 500 million euros in international financial support. The money comes from the European Bank for Reconstruction and Development (EBRD) in the form of a loan, as well as from the World Bank and Switzerland as a grant. The money is to be spent on electric locomotives and infrastructure. UZ,…