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GETS Groupe Euro.

5.835
0.00 (0.00%)
21 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Groupe Euro. LSE:GETS London Ordinary Share FR0010533075 ORD EUR0.4
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.835 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

First Major Step for Euro Carex, the European High-Speed Rail Freight Network

21/03/2012 7:45am

UK Regulatory


Groupe Euro. (LSE:GETS)
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Euro Carex1 has achieved a major first: the first test of a high-speed freight train between Lyon St Exupéry airport and St. Pancras International Station in London, travelling via Paris Charles De Gaulle airport and the Channel Tunnel. This test demonstrates the efficiency, speed and environmental benefits of an intermodal transportation system combining air containers and high-speed rail network.

 

The high-speed freight train number 27274 (which has a potential load of 120 tonnes of parcels equivalent to 7 articulated trucks) left Lyon-St Exupéry airport on Tuesday, 20 March at 16:42. It arrived at St. Pancras International Station in London this morning travelling on High Speed One, via the Channel Tunnel, having previously stopped to load additional cargo at Roissy (Paris-Charles de Gaulle airport).

 

The Express Rail Euro Carex operation could, in time, be connected to the trans-continental distribution network for next-day delivery with a lower carbon footprint lower than air and road transportation. The express freight business could also be complemented by traditional freight and road freight

 

This achievement has been made possible by a seamless coordination between the main European airports which are members of Euro Carex (Paris - CDG, Amsterdam, Liège and Lyon), the infrastructure managers (Eurotunnel, High Speed One and the manager of the French railway network Réseau Ferré de France) the operators (SNCF and Europorte) and their carriers (Air France KLM Cargo Martinair Cargo, Chronopost International, Dimotrans, FedEx Express, Géodis, Geopost, TNT, WFS). Euro Carex is a project on a truly European scale and it is part of Eurotunnel's strategy to promote the use of the Channel Tunnel for the transfer of freight between the UK and continental Europe.

 

Euro Carex offers a potential solution to the continuous rise in fuel prices, road congestion and environmental constraints which limit the number of night flights.

 

Yanick Paternotte, member of the French parliament and Chairman of EURO CAREX, stated:

 

"I am delighted that today's test over the European high speed rail network clearly shows the interest of strategic players in the logistics field - airports as well as rail operators -in linking their infrastructures to key European economic centres in order to benefit businesses and communities."

 

1 Euro Carex members include SNCF, Eurotunnel, Europorte, High Speed One, Air France Cargo, La Poste, FedEx Express, WFS, ADP, Roissy Carex, Aéroports de Lyon, London Carex, Lyon Carex, Liège Carex, ACT, TNT, UPS, SADC, Schipol (Amsterdam Airport), Liège Airport.

 

GROUPE EUROTUNNELMedia enquiries:John Keefe Consultant, + 44 (0) 1303 284491press@eurotunnel.comorInvestor enquiries:Michael Schuller, +44 (0) 1303 288749Michael.schuller@eurotunnel.com

 
 
 

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