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  • Photo: Daily archive

07.05.2020

Artikel Nummer: 31896

Covid-19 crisis hits the railway industry very hard


Since April 2020, the negative impact of the corona pandemic on Europe’s railfreight industry has increased. Operators report downturns of between 20% and 35%, and car transport services have completely ground to a halt.

 

In a study, the German consultancy company SCI Verkehr has explored various possible short-term and medium-term scenarios.

 

Result: if there is another lockdown in the autumn – the most probable scenario according to the study – Europe’s railfreight industry is likely to face a 10% slump in 2020. The authors of the study expect the industry to regain pre-crisis levels the earliest by 2023/2024. (ben)

www.sci.de

 

 

 

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