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Mmastodon BusinessBusiness first seen 3 d ago, last 3 d ago, peak #3

EU transport budget faces €5.2 billion cut as German rail freight charges rise

Original: EU transport budget faces €5.2 billion cut as German rail freight charges rise http:// dlvr.it/TVzZXj # Business # RailN

The EU transport budget is set to be cut by €5.2 billion, a development that coincides with rising rail freight charges in Germany. The news is being shared among rail industry and transport policy watchers, with the combination of reduced EU funding and higher German freight costs raising concerns about the outlook for European rail freight and cross-border transport investment.

Why now: A major budget cut combined with rising German rail freight costs has direct implications for Europe's rail and logistics sectors.

European UnionGermanyEU transport budgetGerman rail freight

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