{"id":107219,"date":"2024-08-13T18:51:34","date_gmt":"2024-08-13T08:51:34","guid":{"rendered":"https:\/\/www.railfreight.com\/?p=55291"},"modified":"2024-08-13T18:51:34","modified_gmt":"2024-08-13T08:51:34","slug":"regiorail-set-to-more-than-double-combined-road-rail-business-this-year","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=107219","title":{"rendered":"Regiorail set to more than double combined road-rail business this year"},"content":{"rendered":"

Regiorail, a rail freight company active in France fruit of a joint venture between Belgian logistics company Eurorail and US-based, Railroad Development Corporation, is set to more than double its combined road-rail business this year. The short-line carrier\u2019s activities are not only getting a boost from two traffic routes taken over from Fret SNCF as part of the latter\u2019s discontinuity plan, but also from the very strong interest being shown by shippers in low-carbon transport.<\/strong>
\n<\/span>One of the routes in question links Paris-Valenton and Perpignan, on the French-Spanish border, five times per week, while the other connects Valenton and Marseille-Miramas, also with five weekly frequencies. Both routes are operated on behalf of Novatrans.<\/p>\n

Speaking to French media in an interview, CEO Brice Devinoy said that the company could be interested in taking over other profitable traffic routes that Fret SNCF continues to sub-contract to other rail companies. \u201cNew opportunities could therefore arise over the next three years. However, our short-term ambition is to stabilise the combined road-rail business, which will account for 25-28 per cent of our turnover this year, compared with just over 10 per cent last year.\u201d<\/p>\n