Politics & Foreign Relations

   Economic News

   Business News

   Other News of Interest

   All stories

4th July, 2019

Ministry hails benefits of combined rail-road transport

Rail transport is the most environmentally friendly means of transport as greenhouse gas emissions are lower than in other modes of shipment, Ministry of Innovation and Technology state secretary Laszlo Mosoczi said on Wednesday.

Mosoczi, speaking at the Bilk logistics terminal in Budapest where Ekol Logistics loaded its 3,000th trailer on a cargo train, said that customers require door-to-door delivery and combining rail and freight transport offers a sustainable and energy-efficient way to achieve this. By improving the co-operation between different modes of transport, the number of trucks traveling on Hungarian roads could be reduced by 50,000 per year, he added.

The EU’s goal is to increase the share of long-distance rail freight to 30% by 2030. In the current EU budget cycle, Hungary is to spend Ft 1 trillion of EU funds by 2020 on railway development. Hungary will offer the fastest delivery route for Chinese goods between the ports of Greece and Western Europe after the upgrade of the Budapest-Belgrade railway line, Mosoczi said.

Ekol CEO Akos Kovacs said their customers are increasingly recognising the benefits of combining road and rail transport.

Turkish-owned Ekol is present in 15 countries. It established its Hungarian unit in 2014 and now employs 375 staff. It reported Ft 16 billion in revenue last year. (magyarhirlap.hu; tozsdeforum.hu; autopro.hu)

Contact Free Trial Subscription