British Innovation Agency ‘Innovate UK’ and the Department for Transport’s SBRI have awarded funding to HiveLOGIC Limited to provide a digital solution to help transform rail freight logistics.
In the UK today, 95 per cent of all freight moves through seaports – that’s 482 million tons of freight, the equivalent of a small lorry load for every man, woman and child in the UK. With most of this freight clogging up the UK road network, road congestion is at an all-time high and will get much worse. Congestion and its threat to the environment is a major hurdle for the UK, risking legal consequences of failing to meet Climate Change targets.
Fewer lorries, more trains
Innovate UK and the Department for Transport (DfT) will work with HiveLOGIC and their key partners to develop an app to transform the UK freight and logistics landscape through a cost-effective, 24/7 platform akin to transformational and popular apps; be it ride-sharing, food ordering or e-bikes.
It will create a modern future in which road freight and rail freight will work together more closely. And as hydrogen powered trains become more widely available the shift becomes even more compelling.
The key objectives of the funded project are summarised in four Cs: Capacity growth in rail freight – real-time access will drive demand in rail container volume Carbon reduction– 76 per cent less CO2 emissions than the equivalent HGV journeys Customer service– improvement will deliver exceptional value and service to customers Cost reduction– rail freight will become a cost-effective alternative to road.
An app to transform rail freight
Margaret Adams, Chair of HiveLOGIC: “We’ll transform the UK freight sector with our app. It’ll provide a greener, cheaper, faster and less congested alternative for freight. We’re at the start of a very important journey to reduce traffic on our roads while improving our environment and air quality – what’s not to like about that.”
“With Innovate UK and the DfT support, we’ll deliver incredible value to the UK economy, protect our environment and build a new market to appeal to the investment community. We’re looking forward to taking this onto the global stage. The eco benefits are hugely important to me and my team.”