First a three-day strike at the beginning of January, now an unprecedented six-day strike: German train drivers' actions will hit companies, ports and consumers alike. Six out of 11 corridors for freight transport in Europe run through Germany, according to the Federal Ministry for Digital and Transport. "In addition, the rail strike is putting a strain on people's nerves and tarnishing Germany's already tarnished image as a business location." Frank Huster, managing director of the German Freight Forwarding and Logistics Association, said the strikes could lead to logistics companies losing confidence in rail freight transport. Other freight service providers could benefit Although Deutsche Bahn is the largest provider of rail freight transport (with a market share of over 40%), there are also many private providers covering the remaining freight transport volume.

Source: Ethiopian News February 18, 2024 18:35 UTC