ATOC responds to CILT report on future transport investment

In response to the publication of research by the Chartered Institute of Logistics and Transport into priorities for transport investment, a spokesperson for the Association of Train Operating Companies said:

“The unprecedented situation in the public finances means that difficult decisions will need to be made on the transport budget. We need to improve the cost efficiency of every pound invested in rail and to ensure that investment is focused on projects with the strongest business case that will bring benefits to passengers and taxpayers.

“Whilst the recession may have had a short-term impact on passenger numbers, demand for rail travel is expected to double over the next 20 to 30 years, underlining the importance of long-term investment in rolling stock and improvements to the network.”

ENDS