New report ranks DB Schenker Number 1 in Europe
DB Schenker is the largest overland transport operator in Europe, according to the rankings released today in Transport Intelligence’s latest report, European Road Transport and Logistics 2009.
When taking into account all road and rail freight revenues, the German freight giant was almost twice the size of its nearest rival, SNCF ,Transport and Logistics in second place. DHL Freight was in third.
Even removing rail freight transport, but not rail forwarding,revenues, DB Schenker remains the number 1 player. On this ranking, DHL moves up into second place followed by Danish road freight operator DSV.
The report also provides details of the growth of the European market as a whole, as well as on an individual country basis. At the European level Ti established that the market grew by 3.8% in 2008. This was influenced by growth in volumes in the early part of the year and rising fuel prices. The slump in volumes which road and rail freight operators have experienced in the second half of 2008 and the beginning of 2009 will mean that it will take to 2012 for the market to recover.
John Manners-Bell, CEO of Transport Intelligence commented: "Although 2008 saw reasonable headline growth rates, this was predominantly as a result of a surge in the oil price which most freight operators will have found impossible to fully pass on to clients. The market in Western Europe was then hit by dramatically falling volumes in the second half although some countries in Eastern Europe have held up well."
Commenting in the report on the state of the industry, Manners-Bell went on to say, "The freight industry is experiencing a prolonged and painful downturn. It seems particularly unfair that whilst banks and automotive manufacturers are being bailed out by governments, thousands of employees in the transport sector are losing their jobs with barely a mention. The fragmented nature of the industry has led to it largely being ignored. However with many good companies going out of business, burdened by the social costs and taxes which governments have heaped upon them in the boom years, economic recovery will be slower than otherwise would have been the case. The danger is many good people will be lost from the industry for good."
About European Road Transport & Logistics 2009
European Road Transport & Logistics 2009 provides a guide to the highly fragmented national road freight markets, providing 2008 market size and growth rates as well as fores through to 2012.
In addition country profiles of the leading Western European markets provide an overview of the main distribution platform locations; air, sea, rail and road hubs. The report also provides a snapshot of the origins and development of each country’s logistics industry.
The data-rich report is full of essential information on the industry including a range of national statistics on modal split, trip distance, staff employed, numbers of lorries and fuel duty costs, as well as detailed information on traffic flows on a domestic and international basis.
Each country profile contains a ranking of the ten largest logistics players in the market. In addition the report contains a top ten of the largest European overland freight companies.
contact Mike Nordmann on +44(0) 1793 850025.