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May 11, 2011
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- DB Schenker Rail aims to grow in Europe
- First quarter revenues increased by 11% of the German
 The German group Deutsche Bahn (DB) announced today that in the first quarter of this year, DB Schenker Rail, which is the rail freight division of the group, recorded a 9% increase in volumes transported on the same period of 2010. This growth has resulted in a 11% increase in revenues.
- About 60% of transport operated by DB Schenker Rail are international. The company said that in 2010 its market share in European rail freight has risen to 26% and the goal is to take it to 30% with investments amounting to approximately EUR 400 million. "Our opportunities - has confirmed the managing director of DB Schenker Rail, Alexander Hedderich - these are in Europe and will draw the maximum benefit. We intend to be the first choice of customers for rail freight in Europe. In 2011, further develop our lines between Germany and France, and those from Poland, the United Kingdom and between France and Spain.To do this we continually upgrade our production system in Germany and Europe and increase its flexibility. In this process - said Hedderich - the single wagon transport forms the backbone of rail freight in Europe. Further strengthen this segment to meet even more demand for our international customers. "
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