Independent journal on economy and transport policy
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Negative scenario for the cargo division of the Swiss SBB
A worsening caused by the sharp increase in energy costs is expected
September 15, 2022
Suggesting a further worsening of the financial situation due to the sharp increase in costs energy, infringement and interest rates plus high, the group specified that in the first six months of 2022 the the context remained difficult, in particular for the freight division SBB CFF FFS Cargo. In the first half of this year SBB CFF SBB Cargo Switzerland, the group company which deals with the national freight transport, has registered a loss of -34 million francs, while the company SBB Cargo International, which is 75% owned by SBB CFF SBB is 25% owned by the combined transport operator Hupac and operates international services, totaled a loss of -3.8 million of francs.
In terms of operational activity, traffic handled In the first half of this year, SBB CFF SBB Cargo Switzerland has state equal to 2.58 million tonne-kilometers, with a decrease of -2.8%, while that enlivened by SBB Cargo International amounted to 6.19 million tonne-kilometers, with a more pronounced drop of -4.6%. With regard to the difficulties that characterize the market cargo, the Swiss company explained that wagon traffic complete continues to be unmanageable with own resources and that the efficiency gains achieved by SBB CFF SBB Cargo Switzerland has been neutralised by the contraction in volumes. In addition, compared to the previous year they are no longer pandemic allowances. In SBB Cargo International - the company has specified again - have contributed to a negative result also various construction work and inconvenience to the traffic in Germany, in addition to higher energy costs Electric.
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Suggesting a further worsening of the financial situation due to the sharp increase in costs energy, infringement and interest rates plus high, the group specified that in the first six months of 2022 the the context remained difficult, in particular for the freight division SBB CFF FFS Cargo. In the first half of this year SBB CFF SBB Cargo Switzerland, the group company which deals with the national freight transport, has registered a loss of -34 million francs, while the company SBB Cargo International, which is 75% owned by SBB CFF SBB is 25% owned by the combined transport operator Hupac and operates international services, totaled a loss of -3.8 million of francs.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
