VTG’s new ethanol wagon pooling system takes transports from the road to the railway
- Collaboration of VTG Wagon Hire and Rail Logistics Divisions
- New transport concept creates flexible solutions for small quantities
- All-round solutions for organizing transports for customers of all sizes
Hamburg, October 20, 2011. The Hamburg-based wagon hire and rail logistics company VTG Aktiengesellschaft (WKN: VTG999) has established a new pool of wagons to provide flexible, ad hoc transports of ethanol from Rotterdam. This provides customers with small or excess quantities as well as those needing transport at short notice with easier access to rail freight transport.
This service has been developed jointly by VTG’s Wagon Hire Division and its Rail Logistics subsidiary Transpetrol. In Rotterdam, Wagon Hire supplies the tank wagons for transporting ethanol, while Transpetrol organizes the entire dispatch and transport operation. The customer can therefore purchase a comprehensive transport solution that can be provided at short notice. The quantity and scheduled time can be selected and tailored to fit transport requirements. There is no minimum hire period and there are no additional costs for maintenance or breakdown.
“The ethanol wagon pooling system is primarily aimed at customers who need flexible, all-round solutions that can be provided at short notice for transporting their product. At Transpetrol we are in a position to provide combined wagon-and-freight solutions at short notice”, explains Gert Sieksmeyer, Managing Director of Transpetrol GmbH. “This means we are reducing the threshold for access in favor of rail freight traffic and making Europe-wide transports from Rotterdam possible that would previously have taken place on the road. For our customers, this is a good way to gain access to rail freight transport, which has lower emissions and is more sustainable” adds Sven Wellbrock, member of the Managing Board of Wagon Hire Europe.
Transpetrol GmbH has already had many successes in relocating transports from the road to the railway with comparable pooling solutions. For some years now, products such as propane, butane and propylene have been transported throughout Europe using the pooling system.
VTG Aktiengesellschaft is one of Europe’s leading wagon hire and rail logistics companies. The company has the largest private wagon fleet in Europe. Globally, the fleet consists of some 51,200 wagons, with a focus on tank cars and state-of-the-art high capacity freight cars and flat cars. In addition to the hiring of wagons, the Group offers global tank container transports and comprehensive multi-modal logistics services, mainly around rail transport.
With the combination of its three interlinked divisions Wagon Hire, Rail Logistics and Tank Container Logistics, VTG offers its customers a high-performance platform for international transport of their freight. The Group has many years of experience and specific expertise, in particular in the transport of liquid and sensitive goods. Its customers include numerous well-known companies from almost every industrial sector, for example the chemical, petroleum, automotive, paper and agricultural industries.
In the financial year 2010, VTG generated revenue of EUR 629.4 million and operating profit (EBITDA) of EUR 154.4 million. Via its subsidiaries and affiliates the company, which has its head office in Hamburg, is mainly present in Europe, Asia and North America. As at 31 December 2010, VTG had 999 employees worldwide in consolidated companies. Since June 2007, VTG AG has been listed on the official Prime Standard market of the Frankfurt Stock Exchange and also on the SDAX (WKN: VTG999).
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