Southampton modal shift program helps boost container moves by rail
NewsMore containers are moving through Southampton’s Solent Rail Terminal, the integrated handling and maintenance facility at the South of England port, owned by DP World.
Dragados sale shelved
Dragados SPL saw revenue fall by 26% in 1Q/09 to €136M, down from €184M generated in 1Q/08. Dry bulk and new vehicles terminals fared worst, with revenue declines of more than 50%. The decline in business was noted as from the third quarter of last year, since when revenue has dropped by 30%. It was during this period that parent company ACS put the combined ports and logistics business up for sale.
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