THE COST OF BOTTLENECKS: MAJOR REPORT SHOWS OVER 50,000 HGV HOURS A DAY LOST NEEDLESSLY TO TRAFFIC
The report finds that congestion on key routes and locations in the country obstructs the UK economy, amounting to 50,000 HGV hours wasted every day (19 million per annum) and 3 million tonnes of rail freight restricted annually, costing an estimated £539 million every year.
Prioritising improvement on just 2.4% of England’s road network and key routes in Scotland and Wales, together with just 7 out of around 1,000 major junctions on the rail network would transform our freight network and unlock value to the UK economy which far outstrip the cost of investment. The report, which was developed by specialist research company MDS Transmodal, found that a total of £14.2bn billion could be unlocked over a 60-year period by taking a ‘freight-first’ approach to:
With Brexit just around the corner, discussion has been rife about how effectively Britain can continue to trade and transport goods. Focusing on our strategic freight network and taking a‘freight-first approach would be a common-sense first step to ensure the country is as prepared for future trading as we possibly can be.
Tim Morris, of the UK Major Ports Group, said: “We have long suspected the significant impact thatcongestion in our freight network has on UK productivity, but this report exposes the major extent of this. And the potential identified is just in terms of freight industry value – the value to manufacturers, retailers and other industries for their own businesses will add substantial to this benefit. We need a new ‘freight first’ approach to ensure that Britain can live up to its true potential.”
“Leaking money because of avoidable congestion is an own goal. As this report shows, some smart,targeted prioritisation can exponentially improve our freight network as this crucial moment for our country.’
The UK Major Ports Group is the trade association representing most of the larger commercial ports in the United Kingdom. It has nine members, who own and operate over 40 ports, accounting for 75% of the total tonnage handled in UK ports.
MDS Transmodal (MDST) provides specialist research, consultancy and information services to theworld’s transport industry. The company also and operates the Great Britain Freight Model (GBFM)which has produced freight transport forecasts for the Department for Transport, Network Rail and the Rail Freight Group, among others.
For a copy of the “IDENTIFYING THE MULTIMODAL STRATEGIC FREIGHT NETWORK & THE VALUE OF IMPROVING ITS OPERATION” by MDS Transmodal for the UK Major Ports Group contact:
Tim Morris, Chief Executive, UK Major Ports Group
Tel: 07387 091 407