1. HS2 unlocking freights future? National Rail Conference– 05.07.12 Tim Robinson – Director Freight Network Rail

2. 1.Freight Vision 2.New Product Potential 3.Investment 4.Bold steps and challenges 5.Courage Contents 2

3. Contribution to Freight Vision 3 Quality CapacityCost Classic Capacity o Release of existing lines for freight growth Future Growth o Volume increases along the South East Ports to Midlands Velocity o Increase speed of transit reducing costs and opening up new possibilities for rail

4. Unlocking New Products Prices  Margins  Value opportunities  New entrants Capability  Risk aversion  Investment  Cost consolidation Incremental Limited scope Complex Product Development Overnight Express o Hi speed transit unlocking modal shift European Express o Interconnectivity and speed parity with European centres Unprojected growth o Velocity unlocks new rail products and potential further cost reductions 4 Future HS2Last 15 Years

5. Investment 5

6. Challenges Progress InvestmentNew ProductsFuture Capability Engineering Complexities Medium term capacity squeeze Bold steps come with big challenges 6

7. Courage to seize the opportunities… Government Investment 7 Network Rail/ Passenger Operators Accept the challenge of accommodating freight growth Freight Operators Maximise capacity utilisation Rolling stock investment Products HS2 Operating model that facilitates New freight products

8. Close 8