Wednesday, March 10, 2010

Eurotunnel owner plans high-speed freight service

The company that operates the Channel Tunnel is working on plans to introduce high-speed freight trains through the sub-sea tunnel, as it pursues a series of initiatives to boost railfreight and passenger traffic.

Jacques Gounon, executive chairman of Groupe Eurotunnel, revealed the company's involvement with Carex, a consortium developing high-speed rail freight, as he announced only the company's third full-year profit since 1986.

-Financial Times

For the full story: www.ft.com

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