Lund – Malmö quadruple tracking contract
Prime Minister inaugurates Napoli Afragola station
ÖBB starts Pyhrnstrecke station upgrading
Weekly LCL service widens appeal of China-Europe rail route
Siemens to buy planning software company HaCon
Hupac orders eight multisystem locomotives
Montecargo privatisation cancelled
IONX and Ermewa agree telematics partnership
High-value chemicals travel from China to Europe by rail
DB Regio selected for Rhein-Neckar operating contract
While traffic levels were impacted by the coronavirus pandemic, especially during the first series of lockdowns from March 2020, cost control helped maintain profitability. As a profitable company BLS Cargo waived the opportunity to access Swiss federal government pandemic economic relief funds.
During 2020 BLS Cargo operated 10% fewer trains than in 2019 – 19,956 compared with 22,265 in 2019 – as lockdowns, especially in Italy, led to factory closures for extended periods reducing demand for raw materials, components and the transport of finished goods. Infrastructure work on the BLS-owned Lötschberg route in summer 2020 also depressed traffic volumes.
During 2020 BLS Cargo integrated the activities of Crossrail Benelux, which it acquired in 2019. The former Crossrail organisation is now an operating subsidiary for Belgium and Germany, leading to the operation of longer distance trains by BLS Cargo, for example connecting Belgium with Italy with a single locomotive. During the year, 10 additional Siemens Vectron MS locomoitves were added to the BLS Cargo fleet for such long-distance cross-border traffic.
Despite ongoing pandemic lockdowns and restrictions in some countries BLS Cargo has not experienced such a significant fall in freight traffic in 2021 compared with 2020.
The post BLS Cargo profitable despite the pandemic appeared first on International Railway Journal.
This article first appeared on www.railjournal.com
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2021 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.