Freight takes fright at possible rail plan delays_3
18 July 2012
Freight-dependent supply chains will suffer if improvements proposed by the Strategic Rail Authority (SRA) are not implemented quickly, an industry body has warned.
The authority has earmarked £4 billion for freight and logistics projects in its plan.
These include a freight facilities grant scheme for capital projects and the promotion of forward-looking freight technologies with extra funds for innovation in rail-based logistics.
The plan also confirms the creation of a £300 million fund for short-term projects to...