Rail freight offers benefits for the environment, helps reduce road congestion and is extremely important to UK businesses. Industry estimates that rail freight delivers economic benefits, including, cost savings to industry, environmental benefits and road congestion relief of around £1.7 billion per year.
The Government published a Rail Freight Strategy to provide a stable policy framework to enable rail freight to grow and achieve its potential. The Government is committed to working with the rail freight industry to support its continued success. The Strategy can be found at https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/552492/rail-freight-strategy.pdf
To support future growth of the rail freight industry the Secretary of State also confirmed that Government intends to continue investment in improving the rail freight network in Control Period 6 (2019-2024) as part of the regulatory funding settlement.
The Department is working with Network Rail and the freight industry to identify options for future funding, including capacity improvements.