* Belgium - Europe turns to trains to cut emissions, transport costs
Europe is pouring billions of dollars into new train tracks to cut transport costs as well as carbon-dioxide emissions
Brussels,Belgium -Cargonews Asia (Hong Kong) –8 June 2007: -- ... Europe’s dependence on trucks stems from the failure of its vaunted passenger-rail network to provide a cheap, efficient alternative for cargo. Between 1995 and 2005, the last year for which data are available, the percentage of European goods shipped by truck rose to 73 percent from 68 percent, while rail's share fell to 17 percent from 20 percent. The rest goes by canal or, in the case of oil and gas, pipelines. In the US in 2005, 42 percent of freight was moved by train and 33 percent by truck... Still, the argument for trucks is compelling, from the standpoint of Europe-based business. Even though trucks are more expensive, they are usually faster, more flexible and can reach more destinations... The EU hopes that by laying track right into ports and other logistics hubs, it can cut down dependence on trucks...
Labels: transport intelligence
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