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August 27, 2009

German freight volumes will recover next year, says study

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AFTER a sharp decline in volumes this year, German railfreight operators can look forward to much better trading conditions in 2010 according to a study for Germany's Ministry of Transport. Intraplan Consult, Germany, calculates that by the end of this year volumes in Europe's largest railfreight market will have slumped 18%, compared with a drop of 10.8% for road freight. However, it predicts that 2010 will see an upturn in volumes.
The study has been published less than a week after German Rail CEO Dr Rüdiger Grube warned railfreight volumes would take ‘several years' to reach the record levels witnessed in 2007-08. DB Schenker Rail saw a 26.2% decline in volumes in the first half of this year, compared with the same period in 2008.

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