Combined Transport performance rebounds by 4,25% in Q2 2024

European Combined Transport (CT) performance has rebounded by 4,25 per cent in the second quarter of 2024. The improvement occurred because the sector left earlier disturbances behind in Q1. Whether the positive trend will continue in the near future is uncertain, as many infrastructure work disturbances are expected in summertime.
According to UIRR, business sentiment in CT remains “neutral”. There is some optimism among policymakers in the sector about the management of upcoming infrastructure work disruptions. UIRR mentions the Simplon route, the German Passau section, the Rhine Valley, the Sofia – Nis railway and works around Budapest as projects that can disturb CT operations.

As policymakers express optimism, Ralf-Charley Schultze, Director-General of UIRR, warns of the negative effects of infrastructure work disturbances for the CT sector. “Poorly coordinated infrastructure works can easily undermine the quantity and quality of Combined Transport services in several regions of Europe”, he states. “The support of policymakers is needed to reinforce the business confidence that is the fuel for the development of our supremely efficient Combined Transport services.”

Investments continue

It seems that the 4,25 per cent performance rebound may be short-lived due to the infrastructure works. Yet, even in adverse conditions CT continues unabated, according to Schultze. “Concerns about war and economic growth also remain. The Combined Transport community nevertheless continues its investments into new transport and terminal capacities, as well as in digital solutions to further enhance its competitiveness.”

The sector is also looking to governments for support. “The Combined Transport Community is asking for a compensation scheme to make up for extra operating expenses stemming from unusually excessive works-related disturbances and bypass routes. The competitiveness of Combined Transport rates can only be maintained if such assistance is provided”, writes UIRR.

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