Memorandum by Intercontainer-Interfrigo
(ICF) s.c. (CHT17)
CHANNEL TUNNEL RAIL FREIGHT AND ILLEGAL IMMIGRANTS
1. ICF is a pan-Europen intermodal network
operator based in Basel. It operates more than 50 trains a day
all over Europe and the CIS with a turnover of 330 million EUROS
2. ACI is ICF's operational and Customer
Service representative in the UK; it is based in rail freight
terminals at Daventry, Birmingham, Hams Hall, Manchester Trafford
Park and Mossend, Scotland.
3. We are working together closely with
the Rail Freight Group and we support the comments contained in
his notice sent to you on the 17 May.
4. ICF, on behalf of our subsidiary ACI,
already introduced a claim to the French "Directeur des Transports
Terrestres, Sous-Direction des Strate«gies et Politiques
Intermodales, Ministe"re de l"Equipement, des Transports
et du logement" for a total amount of 1.2 million EUROS for
the period between 1 November 2001 and 28 February 2002.
5. The major impact for ICF was the obligation
to re-define fundamentally our presence in the UK (subsidiary
ACI, number of employment contracts was reduced from 24 to seven)
and to directly involve our company in the cost of operating trains
until the end of February.
6. We estimate the financial disbenefits
to ICF "s on goingbusiness for the period March until
May 2002 at least at a level equal to the amount incurred by ACI
(restructuring costs not included) for the period 1 November 2001
until 28 February, ie 760,000 EUROS.
Intercontainer-Interfrigo (ICF) s.c.
31 May 2002