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BLS rail cargo traffic

BLS: Rise in Rail Cargo traffic but fall in profits

BLS Cargo, rail freight operator from Sweden, reported a rise of 11% in rail cargo traffic in 2015, with 18,225 total operated trains in comparison to 2014’s 16,486 trains.

There was a 4% fall of transit traffic covering the Lotschberg/Simplon main route, to a total of 11,656 trains. But it was compensated by the 41% rise of transit traffic upon the route of Gotthard with 2649 trains and the 55% growth of inland traffic up to a total of 3920 trains resulting from the growth in oil transport.

Consequently, there was a 2% rise in the operating revenue up to 170.5m SFr in comparison to 166.9m SFr in 2014; whereas a 48% fall for Ebit down to 2.1m SFr. In spite of the strong impact laid by the soaring high Swiss franc as against Euro during the last year, as well as the low diesel rate, BLS hardly reported a 0.3m SFr net profit, noticeably down from 2014’s 2.5m SFr.

The railway freight company lays the credit of its success upon the new customers with direct-contact and the central focus upon cost management as well as introduction of advanced concepts of fleet management.

Mr. Dirk Stahl, CEO, BLS says that they feel their cargo service feels proud of the strong level of credibility and acceptance. He added that their customers value their autonomous operating system and generation of innovative proposals of progressive BLS rail cargo traffic concepts.  

Stahl added that the future market will probably continue to challenge with the increase in pressure upon prices as well as the high price of accepting the rigorous regulations with other administrative needs of operators of rail freight.

Stahl readily accepts the opportunities offered by the opening of the Gotthard base tunnel scheduled in June 2016, but does not hope for any major betterment until 2021 which is occupied by the opening of the Ceneri base tunnel as well as the 4m long corridor.