2025 FIGURES

SBB Cargo continues to bleed

An SBB Cargo train near Zurich. Image: Shutterstock © ToM-5400
An SBB Cargo train near Zurich. Image: Shutterstock © ToM-5400

In a year of restructuring, terminal closures, layoffs and infrastructure works, SBB Cargo had a complicated 2025. This was also reflected in the company’s annual report, which showed losses spiking and volumes decreasing in what now seems to be a trend even in one of Europe’s rail freight powerhouses: Switzerland.

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Author: Marco Raimondi

Marco Raimondi is an editor of RailFreight.com, the online magazine for rail freight professionals.

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