France’s state-owned SNCF Group posted solid growth from rail freight in the first half of 2024 despite the discontinuity measures imposed on Fret SNCF, its…
Category: Rail Logistics Europe
European rail a mixed bag: Polish PKP Cargo profits while others struggle
Rail freight operators in Europe are performing very differently. Big names such as DB Cargo and Lineas are in trouble, but in Poland, the annual figures were an invitation to uncork the champagne bottle. Despite the call for more sustainability in logistics and transport, freight transport by rail is not always an attractive modality for…
SNCF Group in the black for third consecutive year, freight EBITDA also positive
The SNCF Group has recorded a third consecutive year in the black, thanks mainly to the strong performance of its high-speed (TGV) passenger services. Net profit totalled 1.3 billion euros compared to the record figure of 2.4 billion a year earlier, while turnover was up 0.7 per cent at 41.8 billion euros. “The Group is […]