HHLA’s intermodal services experienced a “significant decrease in volumes” in the first quarter of 2024. Rail transport fell by 3,2 per cent, while container transport decreased by 5,5 per cent compared to the same period last year. The EBITDA in HHLA’s intermodal segment also dropped significantly in these three months, with a 21,7 per cent…
Category: Germany
German rail companies start lawsuit after planned 16,2% TAC increase
Eleven German rail companies are going to court over an approved 16,2 per cent track-access charge (TAC) increase. The new TAC rate would go into force from mid-December, but the eleven companies are now aiming to prevent that from happening. The approved 16,2 per cent TAC increase would be a bigger jump than all increases…
Short-term TAC hikes put transport contracts under strain
In a bid to combat the crippling impact of skyrocketing track access charges, European rail operators are calling for urgent short-term support measures. The clarion call comes amidst a flurry of criticism following Germany’s recent hefty price hike program, among others. Apart from Germany, which will increase TACs by 16 per cent, Sweden and Portugal…