Title
TRACO

CoPED ID
4fcda744-0fc6-4088-9154-bf8cd86d4e40

Status
Closed


Value
£786,742

Start Date
June 30, 2021

End Date
March 30, 2022

Description

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In order to maximise the growth opportunities currently being presented to the rail freight industry through the availability of increased capacity today and in the future, intermodal terminal transition improvements must be made to better optimise the modal shift from rail to road and rail to port.

TRACO will provide an innovative solution to this challenge by presenting better and more accurate location information and predicted terminal arrivals to all organisations within the logistical supply chain. By accurately tracking and predicting arrivals for all vehicles, wagons and containers within the supply chain, paper-based systems can be reduced, and freight operations can be better planned and managed to improve the delivery of goods for customers. With this information readily available, rail freight growth opportunities such as high-speed deliveries and perishable goods can be realised thereby further boosting the £1.7Bn which freight already brings to the economy

By reducing uncertainty in the timings of freight movements, and demonstrating enhanced predictability of modal transitions, capacity, growth and diversity of goods can be maximised and a much-needed modal shift towards rail freight can be realised, helping to reduce road congestion, optimise port logistics and bring about a significant decrease in carbon emissions.

Kate Naylor PM_PER
Kate Naylor PM_PER

Subjects by relevance
  1. Logistics
  2. Goods traffic
  3. Freight
  4. Supply chains
  5. Transport
  6. Railway transport
  7. Optimisation
  8. Railway traffic
  9. Railways
  10. Growth
  11. Harbours

Extracted key phrases
  1. Rail freight growth opportunity
  2. Rail freight industry
  3. Freight movement
  4. Freight operation
  5. Intermodal terminal transition improvement
  6. TRACO
  7. Modal transition
  8. Modal shift
  9. Logistical supply chain
  10. Terminal arrival
  11. Accurate location information
  12. Capacity today
  13. Perishable good
  14. Order
  15. Well

Related Pages

UKRI project entry

UK Project Locations