Italian State Railways (FS) has established a new unit, Polo Mercitalia, which integrates all rail freight and logistics companies in the group. Polo Mercitalia will be tasked to restore and to revive the freight transport business of Italian FS Group, by developing integrated solutions for freight&logistics with added value for rail transport. The aims is to return to profit in 2018 and to double revenues in 10 years (from €1 billion turnover in 2016 to more than €2 billion in 2026).
Polo Mercitalia groups all FS companies operating in rail freight transport & logistics: the parent sub-holding Mercitalia Logistics, 100% owned by FS; Mercitalia Rail (a major Italian player in the sector with €500 million in annual turnover); the TX Logistik group (with a base in Germany, but active in different European countries); Cemat (the third European player in combined transport); Mercitalia Transport & Services; Mercitalia Terminal; TerAlp (Terminal AlpTransit) and Tlf.
According to the 2017-2026 industrial plan, Polo Mercitalia foresees significant investments worth EUR 1.5 billion in the freight transport sector: more than EUR 1 billion for rolling stock, €100 million for inter-modal freight transport terminals (new sites are planned in Milan, Brescia and Piacenza) aligned with the Gotthard Tunnel and the Rhine-Alpine corridor (Genoa-Rotterdam), EUR 100 million for IT and security, and another EUR 250 million in acquisitions to expand the business.
Special attention will be paid to the relaunch of international activities, which have a strong point in Tx Logistik, Polo’s company based in Germany which aims to become a cost/quality leader in rail traction services, to and from Italy, along the major European trans-alpine goods traffic corridors.
The rolling stock modernization process has already started: Mercitalia Rail has signed two contracts for purchasing full maintenance services for 20 new electric locomotives. In addition, Mercitalia Rail and TX Logistik (jointly) will soon launch the acquisition process of 125 new electric locomotives to operate on both the domestic and European markets.