As part of its Suburban Transport Blitz, the Victorian Government has allocated $4 million in extended funding for its Mode Shift Incentive Scheme (MSIS) in the 2019/2020 budget.
This is part of the state Government’s $8 million investment to remove more trucks from busy local roads and encourage industry to use rail instead of road transport.
In its media release, the Victorian Government has said this will “help Victoria’s truck drivers to be safer and more skilled on our roads.”
“Extending the MSIS will increase efficiency and cost effectiveness in the freight sector and reduce congestion on roads in and around freight and port precincts.
“Along with the Port Rail Shuttle Network, these initiatives are helping better use our rail freight facilities and gives more companies incentives to shift from road to rail.
“Victoria’s gross state product is expected to increase by $40 billion by 2040.
“The Budget supports the state’s biggest ever investment in transport and continues the massive overhaul of Victoria’s transport and freight networks, saving time and reducing congestion.”
Victoria’s Minister for Ports and Freight, Melissa Horne, said that the state Government is delivering on its promise to take thousands of trucks off the roads each year.
“We’re delivering on our promise to take thousands of trucks off our roads each year, making a huge difference for the people who use Melbourne’s busy roads every day.”
“With more and more freight being moved every year, we’re making it more efficient for the freight sector to move containers from road to rail,” Ms Horne said.
Keeping ahead of heavy vehicle transport obligations can be tough
This is why you need to subscribe to CoR Adviser.
Written by the transport lawyers at Holding Redlich, this newsletter contains vital information and practical support you won’t find for free anywhere else.
Why not take our free, no obligation trial and see for yourself?