Hupac’s volumes in general fell by 11.7 per cent, from 975,000 to 845,000 road consignments. In financial terms, this translated into a “consolidated result” of -6,2 million euros. Transalpine volumes, the largest market segment for the company, decreased by 7.6 per cent. For non-transalpine traffic, the drop was set at 14.9 per cent. “Maritime hinterland…
Category: Business
Fuel, electricity and labour costs behind new KTZ cargo fee hikes
Higher fuel, electricity and labour costs are forcing Kazakh Railways’ cargo division (KTZ-GP) to increase its prices. Indebted Kazakh Railways (KTZ) is increasing its prices all across the board, to the dismay of the business community. KTZ is deeply in debt and needs higher income to cover its budget gaps. Even with a fourfold revenue…
Kombiverkehr adds Niš MBOX Terminal to its intermodal network
A win-win solution between Kombiverkehr and MBOX Terminal will see the two partners extending their service network. The two companies have commenced a new collaboration that will see freight trains linking Wels in Austria and Niš in Serbia. The partnership is in effect already and starts by offering three weekly roundtrips between the two locations.…
Rail freight in Poland keeps decreasing
Rail freight in Poland in 2023 experienced a minor setback both in terms of volumes and performance. Compared to 2022, volumes dropped by 6.8 per cent, while tonne-kilometres performance decreased by 1.4 per cent, as the Polish Office of Rail Transport (UTK) stated. In more concrete numbers, the tonnes transported went from 248,5 to 231,6…
Rail freight in Poland keeps decreasing
Rail freight in Poland in 2023 experienced a minor setback both in terms of volumes and performance. Compared to 2022, volumes dropped by 6.8 per cent, while tonne-kilometres performance decreased by 1.4 per cent, as the Polish Office of Rail Transport (UTK) stated. In more concrete numbers, the tonnes transported went from 248,5 to 231,6…
French opposition leader calls for privatisation of SNCF
Following another day of disruptive strike action earlier this week over the payment of bonuses during the Paris Olympic and Paralympic Games this summer, the leader of one of France’s leading opposition political parties has called for the privatisation of SNCF. This initiative would, according to them, ensure more fair competition. In an interview with…
Low freight volumes: Russian Railways loses up to 50 billion rubles
Freight volumes on the Russian rail network keep falling. Russian Railways (RZD) likely incurred a 50 billion ruble loss due to the decline over the first months of 2024. The trend is unlikely to reverse soon. For the past seven months, freight volumes on the Russian rail network have been in decline. According to Forbes.ru,…
Switzerland joins the club of countries increasing TACs
The Swiss Federal Office of Transport (FOT) said that Track Access Charges (TACs) in the country will increase by 2.1 per cent as of 1 January 2025. The figure chosen by the FOT was established to be as moderate as possible, taking into account the worries expressed by the sector. For the rail freight sector…
Buckland Rail becomes a UK brand
UK holding company Buckland Rail has amalgamated its family of rail businesses under their own brand. It means a change of logo for some well-known companies. Gone will be the familiar names of WH Davis and Davis Wagon Services, and the engineering support company Yellow Rail. All three will become unified as part of the…
Shortlist for DB Schenker’s buyers to be ready next week
Deutsche Bahn (DB) has received the first confirmatory bids for the sale of its logistics arm DB Schenker. Some of the companies that presented an offer include DSV, Maersk and MSC. Morevoer, equity firms such as CVC Capital Partners and Carlyle Group confirmed their bid of around 14 billion euros. This new step comes after…