SBB Cargo considering further opening of the shareholder structure

“We will continue to develop SBB Cargo and SBB Cargo International as part of the integrated railway and can imagine to further open the shareholder base for partners. A potential partner has to support sustainable growth of SBB Cargo with its expertise, business volume or capital. From today’s perspective, direct supervision by the federal government brings no significant advantages over a business solution with SBB as majority shareholder. On the contrary: The integrated railway strengthens reliability and investment security for the cargo customers”, reads the 2016 Annual and Sustainability Report of SBB.

SBB Cargo has returned to profitability in a still difficult economic environment for domestic cargo transport and export. The result of CHF 1 million (previous year: CHF -22 million) could be achieved thanks to further growth of SBB Cargo International, improved efficiency in production as well as reduced structural costs with SBB Cargo Switzerland.

SBB Cargo transported more goods in total, the number of net tonne kilometers rose by 9.9 percent to a record high of 16.56 billion net tonne-kilometers. However, the transport volume of single wagon loads (WLV) is declining. “WLT 2017” is the biggest timetable change in the company’s history SBB Cargo had overcome.

Nevertheless, the progressive deindustrialisation of Switzerland reduced the results of cargo transport; the more important is the sector of commercial goods and mail transport. Effective growth was only seen in transport to other countries, that is on import and in transit. Hence SBB Cargo International gained market shares on the Gotthard corridor and Lötschberg. Overall, SBB Cargo International has increased its market share by around five percent, the already low export volumes by rail is declining further. Transport volume in domestic transport of single wagonloads has dropped as well.

“WLT 2017” is the biggest timetable change in the company’s history SBB Cargo had overcome in December. A new booking system and new transport chains strengthen its market position: Large sites are now being served up to three times daily instead of once. The new schedule will not affect commuter traffic. Thus, the railway infrastructure will be utilised much better than before.

Cargo transport
Net ton kilometers (In millions)16 55915 065+1494  +9,9%
Wagonload  5 918  6 188   -270   -4,4%
Combined transport10 641  8 877+1764+19,9%

www.sbbcargo.com

 

 

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