Kombiverkehr revenues down by 4.9% in 2018

Kombiverkehr was unable to match financial figures of the preceding year. The company’s revenues totalled €425.7m, in 2018, in comparison to last year this is a 4.9% decrease from €447.5m. Its operating profit struggled as well, falling from €0.32m to €0.29m, a decrease of 8.8% on last year.

2018 saw a drop of 2.1% year-on-year in transported consignments to total of 937,837. Converted into TEU, the volume of consignments moved amounted to 1.88m TEUs.

Kombiverkehr recorded a fall of 3.6% to 200,059 shipments in 2018 on the routes in the national de.NETdirect+ network. During 2018, 737,778 consignments were forwarded, amounting to 1.7% less than in 2017. However, Kombiverkehr bucked the trend in road freight in northern European and Baltic States with a remarkable gain of 12%, or 16,500 consignments.

Engineering works in the German and European rail network also continued unabated, contributing to the unfortunate performance.

A study of the annual figures for 2018 showed that the decline in volumes slowed down towards autumn. In the last three months of the year, Kombiverkehr again moved more consignments in unaccompanied Combined Transport than during the same period the preceding year.

Kombiverkehr expects consignments to rise in 2019, due to new routes and partly because of increasing the number of departures of existing train products.

In Western Europe, there are plans to operate end-to-end semitrailer transport services through France to Spain on the new UIC track so that the wagons will not have to be switched for the Spanish network. Kombiverkehr is expanding its range of intermodal services by incorporating new terminals such as Cervignano in Italy and Kreuztal in the Siegen-Wittgenstein district into the European CT network.

Source: Kombiverkehr