A new joint venture will buy the rail intermodal service provider over Hamburg and Bremerhaven
Modal 3 Logistik is a joint venture company of Rhein-Umschlag, Walter Lauk Containerspedition and K+S Transport, which is buying Baltic Container Train that, up to now, has been run by K+S Transport on a solus basis. The sale of a majority stake in the company is in line with K+S’s new group strategy, labelled “Shaping 2030."
Martin Brown, responsible for supply chain management at K+S, stated that Baltic Train has proved to be a competitive and reliable alternative to other transport modes.
Baltic Train currently operates three services per week linking Hamburg and Bremerhaven with Philippsthal (Werra), near Frankfurt-am-Main, and the K+S Kali (K+S Fertiliser) site at Bergmannssegen-Hugo in Hanover.