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Saturday, July 31, 2021

Rail freight growth expected in 2011

Research from the Freight Transport Association (FTA) reveals a ‘patchy’ start to 2011 for transport operators, with activity levels varying considerably between industry sectors and from quarter to quarter.

However, data from FTA’s Quarterly Transport Activity Survey (QTAS) for April 2011 shows that there is an undercurrent of optimism in the second quarter of the year with road freight activity expected to increase across all sectors.

Rail freight growth expected

Rail freight respondents anticipate that the extent of growth in the demand for bulk rail services will increase in Q2 2011, reflecting stronger construction traffic growth and an increase in steel volumes, mirroring the UK’s overall improvement in manufacturing competitiveness due to sterling’s relative weakness.

Growth in demand for intermodal rail freight services is also expected to increase in the second quarter of 2011, reflecting the extent of growth in road freight activity anticipated by the retail and wholesale sectors in Q2.

Christopher Snelling, FTA’s Head of Global Supply Chain Policy, said:

“Expectations of growth in terms of the movement of bulk goods by rail – where it is undoubtedly king – is a healthy sign of economic recovery for our heavy industries.

“Aside from this reassuring sign, the expected growth in intermodal rail freight services also shows that rail is playing more of a part in moving goods than would otherwise go by truck.

“However, if government projections for rail freight to double in size by 2030 are to be realised, rail freight’s interests must be protected against those politically more saleable passenger interests.”

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