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.

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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Stolt-Nielsen reports best quarterly profit in years

Norwegian Stolt-Nielsen, which has acquired shares in competitor Odfjell, benefitted from higher volumes and spot rates in the chemical tanker market and predicts further improvement in the market. The company is, however, not quite ready for ordering newbuilds.

Skuld opens new office in Tokyo

Skuld is to open a Japanese branch located in Tokyo. To lead the division, Skuld recruits former deputy general manager from Japan P&I Club.

Further reading

Related articles

Latest news

See all jobs