Economic Chamber: Austria's Economy in Distress because of ÖBB-Structuring

Transport › Rail ♦ Published: March 24, 2011; 00:49 ♦ Updated: March 24; 00:49 ♦ (Vindobona)

"Significant price increases and deterioration of rail services will lead to shift of traffic to roads."

Economic Chamber: Austria's Economy in Distress because of ÖBB-Structuring / Picture: © Wikimedia Commons / NÖLB Mh [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]

The in principle correct efforts of the ÖBB to set up its freight subsidiary Rail Cargo Austria (RCA) in a more profitable way has “because of the way it is implemented” dramatic consequences for the Austrian economy, say sources from the forwarding industry. The new logistics concept offers virtually no lead time for the companies.

Companies and logistics centers would have…

or Log In

Fast News Search
Related News
Gebrüder Weiss Books Persistent Growth (March 23, 2011)
No Sale of ÖBB-Power Plants (March 22, 2011)
ÖBB: Massive Losses in Ireland (March 18, 2011)
ÖBB Restructuring: "There is no other Alternative" (March 12, 2011)
Austria as Central Europe’s Logistics Hub (February 28, 2011)
JCL Logistics and Rail Cargo Austria Step into Strategic Alliance (December 15, 2010)
Read More
Transport Industry, OEBB Austrian Railways, WKO Austrian Federal Chamber of Commerce, Logistics Industry
Featured
See latest Vindobona Newsletter