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2015/10/18/(Sun)

DB Schenker Rail and SBB Cargo boost transalpine routes [Railway]

DB Schenker Rail has commissioned SBB Cargo with transport operations for routing international freight trains via Switzerland for another five years until 2020. The contract's volume stands at approximately 8,000 freight trains per annum on Switzerland's main transit routes via the Gotthard and Lötschberg lines.

Transalpine transport is of major importance, and this contract extension sees DB Schenker Rail secure a significant competitive advantage in the run-up to the opening of the new Gotthard Base Tunnel in 2016. Every week, a total of some 250 DB Schenker Rail trains use the Swiss sections of central Europe's north-south corridors. Some trains are operated by the company's own local subsidiary, DB Schenker Rail Schweiz.

Commenting on the occasion of the contract's signing at the northern entrance of the Gotthard Tunnel, Markus Hunkel, Member of the Management Board for Production at DB Schenker Rail, said, "We are delighted to be extending our partnership with SBB Cargo on the Gotthard and Lötschberg lines. Our cooperation started at the beginning of 2014, and its continuation will boost the strong position of both partners in transalpine services."

Nicolas Perrin, CEO of SBB Cargo, said, "By extending this contract for a further five years, DB Schenker Rail will continue its partnership with SBB
Cargo that provides transit connections across the Swiss Alps after the opening of the new Gotthard Base Tunnel. Our portfolio of services has won us new customers and we have proven that we can continue to be competitive – an important sign."

Not only do SBB Cargo and DB Schenker Rail operate transit traffic together, but they also cooperate in a wide range of other fields. For example, the two companies have established cross-border import/export transport services in recent years, and in 2015, they inaugurated faster connections (in both directions) between industrial centers in Germany and Switzerland. Now, palletized consumer goods can be transported from Hamburg to every corner of Switzerland within 48 hours, for example.

Posted at 11:17   パーマリンク

DB Schenker Rail and SBB Cargo boost transalpine routes [Railway]

DB Schenker Rail has commissioned SBB Cargo with transport operations for routing international freight trains via Switzerland for another five years until 2020. The contract's volume stands at approximately 8,000 freight trains per annum on Switzerland's main transit routes via the Gotthard and Lötschberg lines.

Transalpine transport is of major importance, and this contract extension sees DB Schenker Rail secure a significant competitive advantage in the run-up to the opening of the new Gotthard Base Tunnel in 2016. Every week, a total of some 250 DB Schenker Rail trains use the Swiss sections of central Europe's north-south corridors. Some trains are operated by the company's own local subsidiary, DB Schenker Rail Schweiz.

Commenting on the occasion of the contract's signing at the northern entrance of the Gotthard Tunnel, Markus Hunkel, Member of the Management Board for Production at DB Schenker Rail, said, "We are delighted to be extending our partnership with SBB Cargo on the Gotthard and Lötschberg lines. Our cooperation started at the beginning of 2014, and its continuation will boost the strong position of both partners in transalpine services."

Nicolas Perrin, CEO of SBB Cargo, said, "By extending this contract for a further five years, DB Schenker Rail will continue its partnership with SBB
Cargo that provides transit connections across the Swiss Alps after the opening of the new Gotthard Base Tunnel. Our portfolio of services has won us new customers and we have proven that we can continue to be competitive – an important sign."

Not only do SBB Cargo and DB Schenker Rail operate transit traffic together, but they also cooperate in a wide range of other fields. For example, the two companies have established cross-border import/export transport services in recent years, and in 2015, they inaugurated faster connections (in both directions) between industrial centers in Germany and Switzerland. Now, palletized consumer goods can be transported from Hamburg to every corner of Switzerland within 48 hours, for example.

Posted at 11:17   パーマリンク

2015/09/10/(Thu)

CSX Updates Third Quarter and Full-Year Expectations [Railway]

CSX Chief Sales and Marketing Officer Fredrik Eliasson, formerly the company's Chief Financial Officer, today reviewed performance to date and updated investors on the company's third quarter and full-year expectations at the Cowen and Company 8th Annual Global Transportation Conference in Boston, Massachusetts. The company delivered strong financial, service and efficiency improvements in the first six months of 2015, but expects the second half of the year to be more challenging given intensifying headwinds in its coal markets.

"In the third quarter, we see strong pricing that reflects the value of our service, and we continue to drive greater asset utilization and reduce costs as we match our resources with demand while improving our service product," Eliasson said. "At the same time, overall volume to date is down about two percent, with both our domestic coal and merchandise markets tracking slightly below the company's original third quarter expectations."

"While we continue to target flat earnings per share for the third quarter, achieving that estimate will be more challenging given the weaker than expected volumes," said Eliasson. "In addition, with the volume declines this quarter and ongoing challenges to coal that are expected to continue in the fourth quarter, CSX now expects full-year earnings per share growth in the mid-single digits."

That earnings growth will be delivered despite domestic coal revenue declines that may exceed $400 million for the year. As CSX continues to focus on its value drivers of growing merchandise and intermodal business, value pricing and efficiency savings, the company still expects to drive meaningful full-year margin expansion this year as it progresses towards its longer term goal of a mid-60s operating ratio.

Posted at 21:53   パーマリンク

2014/10/29/(Wed)

Deutsche Bahn takes top place in the prestigious climate protection ratings [Railway]

Deutsche Bahn has been named best non-listed company in Germany, Austria and Switzerland for their extensive climate protection activities by the non-profit organisation CDP. CDP (previously Carbon Disclosure Project) awarded the transparency of DB's 2013 climate reporting 99 out of a possible 100 points. DB's climate protection achievements are given the best grade of A. This puts the company among the top performers internationally. CDP is one of the best known rating organisations in the field of sustainability; it rates the climate protection management of almost 2000 industrial companies. The award was presented during the CDP Climate Leadership Conference in Munich.

This result places DB among the 187 leading global companies listed by the CDP in the internationally recognized Climate Performance Leadership Index in their first year of participation. Dr. Karl-Friedrich Rausch, Chief Sustainability Officer at DB und Member of the Management Board for Transportation and Logistics: "This award gives us confirmation that we are on the right track with our climate protection activities. We want to offer our customers climate-friendly products and services. Millions of customers such as BahnCard holders and corporate Bahn customers are already travelling on our long-distance trains with 100% green electricity – CO2-free.“

Climate protection has been a central topic since the 1994 railway reform and is now part of our group vision DB2020. DB wants to become an ecological pioneer and is continually increasing its energy efficiency and the share of renewable energy sources in the traction current mix. It has already achieved a share of 35.2 %. With the green products in the long-distance network, DB is also coming closer to achieving their climate protection goal of reducing global specific CO2 emissions by 20 percent between 2006 and 2020.

These developments have been documented in the "2013 Facts and Figures about Sustainability". The 40-page brochure can be downloaded under: www.deutschebahn.com/nachhaltigkeit2013.

About CDP: CDP operates the world's largest independent association of institutional investors, companies and cities with the aim of creating transparency about the reduction of greenhouse gas emissions. In the name of 767 institutional investors with assets of US$ 92 trillion, CDP measures and rates extensive climate-related data.

Posted at 23:30   パーマリンク

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