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Austrian Shipping Industry Headlines

Post AG Q1 Pre-Tax Profit Stable at EUR 57.4 Mln, EBIT Falls

Listed incumbent postal operator Post AG kept Q1 pretax profit stable in y/y terms at EUR 57.4 million (USD 64.45 million) on revenues also flat at EUR 601.9 million, the company said in a report out Thursday.

May 7, 2015

Transport Sector Slowly Speeding Up

Austrian transport industry is slowly speeding up. In the year 2015 there have been no noteworthy stimuli, at the same time the pressure of competition both in domestic transport is growing and in cross-border goods transport there are high market share losses economists from Bank Austria declared on Tuesday.

May 5, 2015

Austrian Post Wants to Raise Its Stake in Turkish Aras Kargo

Next year the Austrian Post AG wants to raise its stake in the Turkish Aras Kargo from 25 percent to 75 percent. The CEO of the Austrian Post, Georg Pölzl wants to invest between EUR 100 million (USD 106.8 million) and EUR 150 million on the 50 percent stake.

April 21, 2015

Developing Danube Transport Offers Potential for New Jobs

Austria could see 78k new jobs created by 2020 in comparison with 2010 if transportation on the Danube would increase by 20 percent, shows an analysis of think tank Wifo.

April 8, 2015

DPD Austria to Boost Focus on Private Customers

Parcel delivery service DPD Austria thinks it is on the right path with regard to the expansion of private client business and wants to pursue this strategy also this year. "This year we want to expand not only the service and product portfolio for private customers, but also focus more on international delivery, as we can see good opportunities for growth also here” the head of the company Rainer Schwarz said.

March 18, 2015

Gebrüder Weiss Opens Three Branches in Moscow

Logistics Company Gebrüder Weiss is consolidating its network, and with the Russian location, will be closing a geographical gap between its branches in Europe and Asia.

January 13, 2015

New Post Logistics Center Opens in Upper Austria

Listed postal service provider Post AG has officially inaugurated the new logistics centre in Allhaming, Upper Austria. Built for EUR 50 million (USD 64 million) and used since the beginning of August instead of the centre located at the Linz main train station, it has been designed for daily up to 1.6 million letters and 100,000 packages. Some 650 employees work in the new post office near the motorway Westautobahn. Various political officials participated in the inauguration.

October 17, 2014

Transport & Logistics - DB Schenker Opens New Logistics Center in Belgrade

DB Schenker will be moving into a new logistics center near Belgrade/Serbia at the beginning of 2015. The center will offer customers the technology for specialized logistics solutions.

August 29, 2014

Austrian Export Award 2014 for Above-Average Export Commitment

As part of a festive gala evening in Vienna's Museumsquartier, the Austrian Export Prize 2014 has been awarded by the Federal Minister for Science, Research and Economics, Reinhold Mitterlehner, and the President of the Economic Chamber Austria (WKO) Christoph Leitl.

June 26, 2014

Transport & Logistics - DB Schenker to Expand its Operations in Croatia

Simultaneously with the accession of Croatia into the EU, and thus the abolition of customs borders between Croatia and the EU countries, Schenker positions itself on that market as a potential logistics partner.

September 3, 2013