LOGISTICS
Germany's DB Cargo to increases freight rates up to 45% / Criticism from trade associations
Cargo by rail can be beautiful, and quite expensive (Photo: Deutsche Bahn, Volker Emersleben)
The DB Cargo freight transport division of German national railway operator Deutsche Bahn (Berlin; www.deutschebahn.com) is making a drastic move right before Christmas: as reported by the German news magazine Der Spiegel, the state-owned company is increasing its freight rates for rail transport by up to 45%, citing increased energy costs and inflation.

According to the report, DB Cargo CEO Sigrid Nikutta confirmed the rate increase. However, only customers who pay the list price are to be affected by the price hike. According to reporting information, these customers account for only 0.06% of DB Cargo’s total turnover of EUR 4.5 bn. For customers with framework contracts, the price increase is to be smaller.

Nevertheless, the announcement sparked displeasure within the industry: “Such a pricing policy is absolutely out of the question and sends a completely wrong signal to the market,” said Eric Rehbock, chief executive of the German association for secondary raw materials and waste disposal, bvse (Bonn; www.bvse.de): “At a time when attempts should be made to shift freight transport to rail as much as possible, this price increase is pure poison.”

The BDI (Berlin; www.bdi.eu), Germany’s federation of industries, also criticised that the higher prices for transporting goods by rail impede the achievement of climate targets and encourage a shift back to the roads.
21.11.2022 Plasteurope.com [251598-0]
Published on 21.11.2022
Logistik: DB Cargo erhöht seine Frachtraten um bis zu 45 ProzentGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 17.11.2024 15:41:15   (Ref: 248301081)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp