AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

Suspension is lifted on SRA rail-freight grants

8th May 2003, Page 13
8th May 2003
Page 13
Page 13, 8th May 2003 — Suspension is lifted on SRA rail-freight grants
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

• by Ricky Taylor

The suspension of rail-freight grants by the Strategic Rail Authority will be lifted by the end of the year, leaving the way open for operators to apply for a total of £40m of grants to transfer freight from road to rail.

The SRA announced it was suspending its Freight Facility Grants and Track Access Grants in January because it had already spent the .220m budget it held for each scheme (CM23-29 Jan).

The launch of a new scheme with altered criteria for applicants will be announced in the autumn, after budget levels have been agreed between the SRA and the government. Budgets similar to previous years are expected.

Changes to the calculation of

environmental benefits of transferring freight from road to rail are expected to be included in the new scheme. Following a scientific study into the environmental impact of trucks by the SRA, cost calculations will differ according to different stretches of road. Journeys on the M25 will be charged at 59p/mile, because of the congestion there, while less busy roads will be charged at a reduced rate. Currently calculations are

based on 20p/mile. These proposals have yet to be passed by the European Commission.

Another change likely to be introduced is that applications for grants will be prioritised by sector and traffic new to rail will be given priority over traditional rail-freight products. This is because the value of grant likely to be applied for will exceed next year's budget. This year the SRA sanctioned 26 new grants worth £17m.


comments powered by Disqus