Supporting a cleaner transport alternative
The European Investment Bank and Cargo Beamer have signed a EUR 12.6 million equity type financing agreement. It is intended to support the construction and implementation of three new railfreight terminals in Calais (France), Kaldenkirchen (Germany) and Domodossola (Italy) to run combined transport rail services between these terminals as well as to other destinations.
The project will be implemented from 2020-2022. CargoBeamer's technology enables "combined road-rail transport" and allows to transfer most truck cargo to rail, EIB said.
The company's patented technology consists of rail wagons, innovative shipment terminals and logistics software. CargoBeamer’s system is compatible with 80% of the cargo trailers currently in use. (ben)