This project cost £59m and was co-financed by the European Trans European Transport Network (TEN-T) programme. Hertfordshire residents will also benefit since it now will enables freight services to avoid London, removing slow freight trains from the crowded West Coast main line and avoiding conflict with the important suburban and commuter services.
The Ipswich Chord is part of a larger series of upgrades to the Felixtowe/Peterborough/Nuneaton route, which include more new track near Ely, signalling upgrades at Bury St Edmunds. Loading gauge enhancements between Peterborough and Nuneaton, which enable the new larger shipping containers to be carried by rail, were completed in 2011. Altogether these improvements will increase freight capacity between Ipswich and Peterborough from 10 to 24 container freight trains per day and also enable longer trains to be run.
The Ipswich Chord is an important part of Network Rail's strategic freight network investment programme and has benefitted from significant funding from the European Community to enable railfreight capacity in Britain to get a much needed and overdue boost and help us get more heavy freight off the roads.
Based on a recent news release from GB Railfreight.