Getlink: Strong growth for unaccompanied freight services

Rhea-AI Summary

Getlink's unaccompanied freight service, launched in September 2021, has experienced consistent growth, notably accelerating since March 2022, transporting over 1,000 trailers. This service aligns with the Group's diversification strategy and offers sustainable logistics solutions, generating 40 times less CO2 than traditional ferries. It addresses key supply chain challenges, including decarbonisation and rising fuel costs. Supported by the Group's customs expertise, this service operates 24/7 and emphasizes speed and flexibility.

Positive

• Service growth since launch with over 1,000 trailers transported.
• Generates 40 times less CO2 compared to ferries.
• Service addresses supply chain challenges like decarbonisation and rising fuel costs.

Negative

• None.

PARIS--(BUSINESS WIRE)-- Regulatory News:

Launched in September 2021, the Getlink (Paris:GET) unaccompanied freight service, which enables transport customers to send unaccompanied trailers through the Channel Tunnel, has seen continuous growth since its inception and, more recently, a marked acceleration since March 2022, with more than 1,000 trailers carried.

This service, which is fully aligned with the Group’s diversification strategy, adds to the range of sustainable logistics solutions provided for hauliers. The transport of trailers, handled by Eurotunnel Le Shuttle Freight teams on the two Eurotunnel terminals, operates 24/7 and generates 40 times less CO2 than ferries¹.

This service benefits from several competitive advantages including speed, ease and flexibility and is supported by the Group’s unique customs expertise for the border crossing, using the Eurotunnel Border Pass.

Christian Dufermont, Freight Commercial Director, stated: “Our service is growing strongly because it answers the three principal challenges in the supply chain today: decarbonisation, lack of truck drivers and the sharp rise in the cost of fuel”.

¹ Compared to Calais-Sheerness route

View source version on businesswire.com: https://www.businesswire.com/news/home/20220629005229/en/

Getlink Contacts:

For UK media enquiries contact

John Keefe on + 44 (0) 1303 284491

Email: press@getlinkgroup.com

For investor enquiries contact:

Jean-Baptiste Roussille on +33 (0)1 40 98 04 81

Email: jean-baptiste.roussille@getlinkgroup.com

For other media enquiries contact

Romain Dufour on +33(0)1 4098 0464

Michael Schuller on +44 (0) 1303 288749

Email: Michael.schuller@getlinkgroup.com

Source: GETLINK S.E.

FAQ

What is the key achievement of Getlink's unaccompanied freight service as of 2023?

As of 2023, Getlink's unaccompanied freight service has successfully transported over 1,000 trailers since its launch in September 2021.

How does Getlink's unaccompanied freight service impact CO2 emissions?

Getlink's service generates 40 times less CO2 than traditional ferry services, aligning with its sustainability goals.

What operational advantages does Getlink's freight service offer?

The service offers speed, ease, and flexibility, operating 24/7 and supported by unique customs expertise for border crossings.

What challenges does Getlink's freight service aim to address?

The service addresses challenges in the supply chain, including decarbonisation, a shortage of truck drivers, and rising fuel costs.