Rail freight still the weak link in SNCF Geodis's global logistics offering

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By LoadstarEditorial

20/08/2013

Having racked up an operating deficit of €300 million in 2012 on a turnover of €1.16 billion, Fret SNCF is very definitely the weak link in state-owned SNCF Geodis’s global logistics offering.

The rail freight unit has been losing sizeable amounts of money every year for as long as anyone can remember.

And rather than explain why the losses have been so heavy and allowed to accumulate, Fret SNCF prefers to underline their diminution since 2009 when they totalled €464 million.

The company ...

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