A newly released report says a dedicated freight rail connection to the Port of Brisbane could take 2.4 million of trucks off the road by 2035.
Image source: infrastructureaustralia.gov.au
The project, which would separate the existing shared passenger and freight rail networks, would provide a dedicated link from the Inland Rail project to the Port of Brisbane. By doing so, Brisbane could achieve a globally competitive rail modal share and remove 2.4 million truck movements from the local road network at the same time.
A Deloitte Access Economics paper has said that Queensland’s growing population and the subsequent freight task, climbing from 1.35 million TEUs (twenty-foot equivalent shipping container) in 2018 to around 5 million in 2050, necessitated an urgent shift from the region’s reliance on road freight.
Currently only 2% of containerised freight comes to the Port of Brisbane via rail. The rest arrives on trucks. In 2018, that equated to four million trucks movements. With the current rail constraints in place, that number would increase to over 13 million by 2050.
The DAE paper found a 30% rail modal share to the Port of Brisbane by 2035 could deliver:
- 2.4 million less truck movements
- Around $820 million in economic, social and environmental benefits each year
- An average of 1,200 new jobs each year to 2045
- $195 million in reduced congestion costs to the economy
- $155 million in reduced road maintenance costs
- $215 million in savings from reduced greenhouse gas emissions
- $210 million in increased international export value
- Savings of $130 per TEU (twenty-foot equivalent shipping container)
- A $5.4 billion increase to Gross Regional Product over the period to 2045
As your licensed Customs Brokers and International freight forwarders, Alliance Intercontinental can advise you how to economise on your international trade and shipping activities not only in Brisbane, but at all major ports and airports around Australia.