Germany-headquartered rail logistics provider and tank container operator VTG brought in revenue of €767m during 2012, a 2.3% increase over the 2011 figure.
SHIPPING The position of tank containers in the intermodal supply chain means that operators have to rely on deepsea container lines to get product to market. Relations between the two parties have not always been easy – but perhaps things are beginning to change
Germany-headquartered rail logistics provider and tank container operator VTG reports revenues of €379.9m in the first half of 2012, a slight increase on the €373.8m brought in during first half 2011, according to VTG’s latest financial statement.
As chemical transport markets in Asia continue to speed in development, ever larger numbers of domestic players are throwing their hats into the tank container ring
PREVIEW With at least 24 exhibiting companies, the International Tank Container Organisation’s presence at this year’s Transport Logistic China trade show will be one of the group’s largest so far
RESULTS Smart investment in acquisitions and the benefits of being well positioned to take advantage of what new business there is have helped VTG perform well in what has generally been a difficult market
Germany-headquartered rail and tank container logistics provider VTG brought in revenue of €750m in 2011, an increase of 19.2% compared to the previous year.
MARKET Tank container operators with global reach are bracing for what may be a challenging year ahead, so the race is on to expand fleets and tap emerging markets for all they’re worth