GCTL8.com (FocusAsia Media Ltd)
LONDON, Feb 28 (FAM) – UK domestic intermodal rail freight reached record volumes in the final quarter of 2016 with an increase of around 5% year on year, while UK international volumes rose 14%.
Despite the continuing loss of volumes of coal transported by rail in the UK, rail freight volumes expanded in key markets in figures from the UK’s Office of Road and Rail (ORR) for the third quarter of the 2016-2017 period.
Metals, International, oil and petroleum all grew while coal traffic decreased significantly, noted industry lobby group Freight on Rail. Overall, the figures show that the industry is adjusting to the steep decline in coal traffic, Freight on Rail said.