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Saturday, 20.04.2024, 09:55
Freight shipping by Latvia's LDz Cargo railway company up 5.9% in two months
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In February this year, the company carried 4.432 mln tons of
cargo or 7.3% more than during the same months in 2016.
Most of the freight carried by LDz Cargo in the two months of 2016 was import cargos, accounting
for 8.264 mln tons and growing 5.7% year-on-year. Of this amount, 7.668 mln
tons were shipped through Latvian ports, which was 7.3% more than a year ago.
Export cargos in the two months of 2017 fell 37.8%
year-on-year to 257,000 tons, and export cargos shipped through Latvian ports
decreased by 0.5% to 185,000 tons.
Transit freight carried by land rose 68.2% year-on-year to
540,000 tons in the two months of this year, while domestic freight deliveries
increased 4.6 % to 203,000 tons.
LDz Cargo carried
8.749 mln tons of freight in the two months of 2016 and 47.819 mln tons of
freight in the full 2016, down 14.1% from 2015.
Latvian Railway, a
fully state-owned company, is the sole owner of LDz Cargo, which was set up as a subsidiary in charge of freight
transportation during restructuring of the railway company. LDz Cargo is the largest railway freight
carrier in the Baltic states.
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