AUSTRIA: OBB EXPANDS ROAD TRANSPORT

Article Abstract:

Speditions Holding AG, the forwarding sector holding company of Osterreichische Bundesbahnen (OBB), the Austrian national railway company, aims to raise turnover to Sch 6bn by 2005 from Sch 3.1bn in 2000. The company is negotiating about another three acquisitions. This follows the full takeover of the Vienna-based transport company Schier, Otten & Co (SOC), which has an annual turnover of about Sch 515mn. Through SOC, which was sold by Mr Erich Mihokovic, Speditions Holding will boost especially part-load traffic in eastern Europe. By taking over SOC, Speditions Holding raises its market share from 11% to 13%. The second-largest competitor has a market share of 6%.

Asset sales & divestitures, Trucking, General Freight Trucking, Freight Transportation, Trucking & Courier Services, Ex. Air, Freight Transportation Arrangement, Freight Forwarders, Railroads, Freight transportation industry, Speditions Holding AG, Osterreichische Bundesbahnen

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Austria: OBB to work with haulage companies

Article Abstract:

The previous chairman of the Austrian national railway, OBB was in favour of buying haulage companies and made the OBB one of the largest haulage companies in Austria. Thus the present Chairman of the OBB, Rudiger vorm Walde's announcement, at the industrial assembly claiming that this is no longer the OBB's policy was a shift in policy. According to vorm Walde, OBB intends to work with these companies. Of the OBB's goods traffic, 75% is across borders, thus there are many opportunities to work with other companies. In passenger transport Vorm Walde intends to increase the market share of the railway to 85%.

Railroad Passenger Operations, Passenger rail services

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