Line closures and strong franc put brakes on upward trend
BLS Cargo, a private Swiss freight railway, registered a 13% decrease in transport performance last year. Despite this the company achieved its financial targets.
BLS Cargo’s transport performance sank to 3.313 billion net tonne kilometres in 2012. The main reasons for the decline were temporary line closures and the weak economy. Unaccompanied intermodal traffic was particularly hard hit as performance there plunged by 22%. Rolling motorway services noted an 8% decrease, as did wagon load traffic. In contrast, domestic/import and export traffic jumped by a handsome 65%, thanks to the acquisition of new clients. BLS Cargo expects that the downwards trend will bottom out this year. (ben)