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CNS

iarnrod eireann reviewing freight services

by:CNS     2019-11-21
Iarnrod Eireann denied the union\'s allegations that it plans to withdraw completely from the rail freight service.
However, a spokesman said that due to the closure of Ireland\'s fertilizer industry, one of its major freight customers, the company is urgently reviewing freight services without unprofitable to save costs immediately.
Iarnrod Eireann\'s cargo services are expected to return to a deficit of 14 million this year --
However, the closure of IFI will mean a further loss of revenue of up to 4 million.
Therefore, in order to save costs immediately, the company urgently launched a review of its unprofitable freight service.
The union was concerned that the company planned to withdraw from the rail freight business and warned that it would have a disastrous impact on about 550 jobs and exacerbate traffic jams across the country.
However, Barry Kenny, spokesman for Iarnrod Eireann, said there was no doubt about withdrawing from profitable freight services.
He also said that there is no plan to sell the European port of Rossler. a profit-
Manufacturing Department of the company-
And no decision was made to close the key rail line between Limerick and Rosler.
He said cuts in areas that don\'t make money could affect about 250 jobs, but added that the jobs will be addressed by voluntary separation and redeployment.
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