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Apr 26 2023

Ambitious French freight project might be close to its end

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