Following a tender by the Port of Rotterdam, Stinnes has set up a new, direct train link for containers and conventional wagons between the Dutch port and Hungary, on a four pairs/ week basis.

Swiss UIRR company Hupac has reported a 12.6 per cent increase in traffic last year, to 448,031 shipments (around 950,000 TEU). Its ambitious target is to double traffic within the 7-year time frame from 2000 to 2007.

Deutsche Bahn AG (DBAG)’s bid to take over Stinnes AG (Schenker) has been successful and independent German rail operators will be even more on their guard to ensure that fair access to the German rail network is maintained.

DB Cargo is reported to be prepared to pay up to €2.9 bill for Stinnes, in order to regain control of the Schenker road transport and logistic services division. Other Stinnes divisions such as Interfer and Intermec would be sold on but it is not clear whether DB also wants the Brenntag road tanker arm (chemicals logistics).

Stinnes AG, the parent company of Schenker, one of the world’s largest freight forwarders, is up for sale. Majority shareholder E.on AG (a utility), which owns 65.4 per cent of Stinnes’ shares, says it intends to sell the logistics company by the end of this year.

Following a tender by the Port of Rotterdam, Stinnes has set up a new, direct train link for containers and conventional wagons between the Dutch port and Hungary, on a four pairs/ week basis.

Swiss UIRR company Hupac has reported a 12.6 per cent increase in traffic last year, to 448,031 shipments (around 950,000 TEU). Its ambitious target is to double traffic within the 7-year time frame from 2000 to 2007.

Deutsche Bahn AG (DBAG)’s bid to take over Stinnes AG (Schenker) has been successful and independent German rail operators will be even more on their guard to ensure that fair access to the German rail network is maintained.

DB Cargo is reported to be prepared to pay up to €2.9 bill for Stinnes, in order to regain control of the Schenker road transport and logistic services division. Other Stinnes divisions such as Interfer and Intermec would be sold on but it is not clear whether DB also wants the Brenntag road tanker arm (chemicals logistics).

Stinnes AG, the parent company of Schenker, one of the world’s largest freight forwarders, is up for sale. Majority shareholder E.on AG (a utility), which owns 65.4 per cent of Stinnes’ shares, says it intends to sell the logistics company by the end of this year.