RSSB calls on rail freight sector to co-fund research for 75% growth by 2050
Posted: 30 September 2024 | Global Railway Review | No comments yet
The Chief Executive of the Rail Safety and Standards Board has called on the rail freight sector to co-fund research efforts to achieve a 75% increase in rail freight by 2050.
Mark Phillips, Chief Executive of the Rail Safety and Standards Board (RSSB), has called on the rail freight sector to collaborate and co-fund research initiatives aimed at achieving the ambitious goal of increasing rail freight by 75% by 2050. Speaking at the 32nd Rail Freight Group Conference in London, Phillips emphasised the transformative potential of joint research efforts to address industry challenges and unlock growth opportunities.
In his speech, Phillips acknowledged the commercial pressures facing the rail freight sector but highlighted the significant benefits that could be realised through targeted research. He pointed to several recent RSSB-led projects that have already delivered operational improvements:
- Enhanced efficiency and competitiveness: Research projects such as the Heavy Axle Weight Interaction Model and the Axle Fault Detection Initiative have led to improved operational efficiency and cost savings, providing freight operators with a competitive edge
- Sustainability and decarbonisation: Shifting freight from road to rail is a key component of national decarbonisation efforts. Research focused on improving freight train operational efficiency and redefining freight gauges is contributing to emission reductions and enhancing the sector’s sustainability
- Market Expansion: Targeted research has historically played a critical role in identifying new market opportunities and improving service offerings, helping to expand rail freight markets.
Phillips concluded by urging the rail freight sector to commit to co-funding future research efforts, stating, “We need your input, your collaboration, your commitment and your funding for our future rail freight research programme. Co-funding will enable extension of the research programme’s reach, accelerating progress towards the 75% growth target and ensuring the rail freight sector remains competitive, efficient and sustainable.”
The call to action aims to foster a collective effort within the industry, leveraging shared resources to drive innovation and growth in rail freight.