Hupac calls for targeted policies to support modal shift
NewsHupac calls for targeted policies to mitigate risk of reverse modal shift amid poor rail network quality, especially in Germany.
Last year Swiss-based UIRR company Hupac transported 660,109 road shipments (approx. 1.32M TEU) by rail. While the core transalpine business was off marginally by 0.1%, the volume in east-west services increased by 3.4%, so the overall volume was up by 0.5%. Profit for the year rose by 15% to CHF7.5M (US$8.06M), although turnover fell by 0.7%. Investments of CHF16.7M in fixed assets were up 72.2% compared to 2013.
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