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Eurotunnel cuts Channel prices by 50 percent

Under pressure from the EU Commission, Eurotunnel now plans to cut prices on railroad transports across the English Channel by 50 percent in an effort to move cargo away from trucks, and thus also away from carriers such as DFDS and P&O.

BY OLE ANDERSEN

Eurotunnel plans to reduce prices by up to 50 percent on railroad transport through the tunnel across the English Channel. The announce comes after pressure from the EU Commission.

The radical price reduction comes as part of efforts to increase the total amount of cargo transported through the tunnel, moving it away from trucks that either go through the tunnel or sail across on ferries operated by DFDS and British P&O between France and England. The company wants to double the amount of cargo transported by rail over the next five years.

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