Swiss intermodal operator Hupac is calling on the Swiss government to temporarily suspend the annual reduction of subsidies for combined transport until the economic crisis is over. In the first quarter of 2023, the operator lost 10 to 15 per cent of its traffic volumes to the road, and it fears a further decline if no action is taken.
The decline in combined transport volumes was a phenomenon observed in Europe in general this year. According to Hans-Jörg Bertschi, Chairman of the Board of Directors of Hupac Ltd, this is due to a sum of negative factors such as the decline in traffic due to the economic situation, high rail costs, falling road freight rates and the chronic instability of the rail network.
Please check out the full article on the RailFreight.com website.