As the Deputy is aware, I believe that every effort should be made by Irish Rail to develop its rail freight business. Since the publication of the strategic rail review earlier this year, my Department has held a number of meetings with Irish Rail at which the company has reported on its progress in improving the performance of its freight business.
Irish Rail informs me that the fortunes of its freight operations have improved considerably. It has secured two major contracts and is in the process of consolidating those markets which are financially sustainable. The company has stated that they are confident that the outlook for its freight business is good in the short to medium term.