STOCK TITAN

Getlink Launchs a New Innovative Unaccompanied Rail Freight Cross-channel Service

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

PARIS--(BUSINESS WIRE)-- Regulatory News:

From September 18, 2021, a new cross-Channel freight service will be open to all transporters, using an unaccompanied mode through the Channel Tunnel. The service will benefit of Getlink's (Paris:GET) unique customs expertise for the passage through the border.

The crossing will be managed by Eurotunnel Le Shuttle Freight and will operate 24 hours a day and six days per week. Departures will be from the Group's two terminals in Calais or Folkestone. The capacity will be 8,300 trailers per year. The Eurotunnel Border Pass will allows transporters to speed up the border crossing by digitising their administrative exchanges with the border authorities.

This new rail service, which will emit 40 times less CO2 than ferries1, will enable customers to decarbonize their logistic chain by choosing rail. The modal shift also contributes to the French government’s objectives of doubling the share of rail in freight transport by 2030 and to UK government plans to decarbonize freight set out in the Green Industrial Revolution plan.

By offering a new low-carbon, reliable and ultra-secure service, we are responding to a changing demand, and we confirm our determination to be the preferred means of passage for the most demanding logistics chains. " explains Christian Dufermont, Freight Commercial Director of Eurotunnel.

1 Compared to Calais-Sheerness route

Getlink:

For UK media enquiries

John Keefe on + 44 (0) 1303 284491

Email: press@getlinkgroup.com

For other media enquiries

Anne-Laure Desclèves on +33(0)1 4098 0467

For investor enquiries

Jean-Baptiste Roussille on +33 (0)1 40 98 04 81

Email: jean-baptiste.roussille@getlinkgroup.com

Michael Schuller on +44 (0) 1303 288749

Email: Michael.schuller@getlinkgroup.com

Source: Getlink

GETLINK SE UNSP/ADR

OTC:GRPTY

GRPTY Rankings

GRPTY Latest News

GRPTY Stock Data

12.20B
302.32M
Mixed Mode Transit Systems
Transportation and Warehousing
Link
United States of America
Paris