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The ambitious French railway cooperative project Railcoop seems to be facing hick ups that will lead to its rail freight services suspension. The financial non-viability of cargo services will probably force the project to focus solely on passenger transport.
French media have reported that this was a decision drawn during the latest board meeting of the cooperative a few days ago. Reports claim that high operating costs and the lack of state support pushed the project to its limits and made its freight services unfeasible.
In a quote to the French publication VRT, Railcoop’s CEO Nicolas Debaisieux said that a transport contract which concludes at the end of April allowed the cooperative to reapproach its strategy. As he mentioned, this contract concerns the service between Capdenac and Saint-Jory, serving the customer Fiber excellence.
This is a service that has been running for some time already. However, a new service that would commence in mid-April and connect Saint-Jory and Gignac will remain in the planning stage since Railcoop could not secure a steady clientele. These latest developments are a substantial setback for the project that kicked off two years ago. Read more
Source: RAILFREIGHT.COM
