HHLA Group shows strength in hinterland transport

Intermodal companies Metrans and Polzug record clear growth in volume, revenue and earnings; Volume decline in seaborne container handling

Both Metrans and Polzug were able to increase transport volumes by a double-digit percentage against the same period in the previous year and expand their market position. The growth in volume and the longer average transport distances resulted in higher revenue. Revenue rose by 10.6 per cent in comparison to the same quarter in the previous year to EUR 91.7 million (previous year: EUR 82.9 million). Against previous year, the operating result in the Intermodal segment more than doubled to EUR 12.7 million (previous year: EUR 5.8 million). The impact of investments in greater value added with own terminals, wagons and locomotives is clearly noticeable.

A decrease in the volatile feeder traffic and a lower degree of capacity utilisation of the liner services led to a clear drop in volumes in seaborne container handling. Due to the crisis, feeder traffic with Russia alone declined by approximately 40 per cent compared to the same quarter in the previous year. This was contrasted by the consistently high growth rates in profitable rail and truck carriers. Container handling amounted to 1,75 million TEU, 6.2 per cent lower than the previous year’s figure of 1,86 million TEU.

www.hhla.de

Quelle: LogEastics
Portal: www.logistik-express.com