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Irish Rail axes containers.

Europe Intelligence Wire

| August 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Lloyds List)

Byline: Tom MacSweeney in Dublin

THE Irish state rail company has decided to close its container freight business, claiming that it accounted for only 10% of its freight business but was losing money to the extent that it was accounting for 70% of the company's losses.

There has been strong criticism from the Irish Exporters' Association, which has called on the Irish Minister for Transport to allow immediate access by private operators to the rail network.

IEA Chief Executive, John Whelan, called it'a short-sighted move by both the Minister for Transport ...

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