Eurotunnel diversifies into freight market
Eurotunnel diversifies into freight market
Read MoreEurotunnel diversifies into freight market
Read MoreUK freight train company EWS has launched High Court proceedings against Royal Mail, which is to axe all overnight mail train services.
EWS has confirmed that papers filed with the London High Court at the end of September have asked a judge to ‘clarify’ some disputed clauses relating to ‘service performance’ in the 10-year contract with Royal Mail.
A spokesperson for EWS said: ‘We are seeking clarification by the court of an issue relating to Royal Mail’s interpretation and of performance criteria.’
Read MoreUK freight train company EWS has launched High Court proceedings against Royal Mail, which is to axe all overnight mail train services. EWS has confirmed that papers filed with the London High Court at the end of September have asked a judge to ‘clarify’ some disputed clauses relating to ‘service performance’ in the 10-year contract with Royal Mail. A spokesperson for EWS said: ‘We are seeking clarification by the court of an issue relating to Royal Mail’s interpretation and of performance criteria.’ In June, the state-owned post office revealed that it was terminating a 10-year contract, signed in 1996, that is worth GBP50m ($87.44m) a year in revenues to EWS.
Read MoreRoyal Mail is being taken to court by Britain’s largest rail freight company after the mail operator decided to scrap all deliveries by rail.
The 10-year rail delivery contract is worth £65m (€93m, $113m) a year to English, Welsh & Scottish Railways (EWS) and had been due to run until September 2006. But Royal Mail decided earlier this year to terminate the contract in March. Last year, EWS, which is contesting the Royal Mail decision, transported about one in five letters by rail.
Read MoreAllan Leighton, chairman of Royal Mail, has told MPs that the postal organisation is talking to seven potential suppliers about continuing to transport mail on the railways. The Royal Mail scandalised unions and environmental groups in June by concluding that air and road were cheaper options for delivering post, and that the network’s mail-train services will stop by the end of next March. This was despite the fact that it had signed a 10-year contract for its rail services, ending in 2006.
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