Cargo, Good for Business, Latvia, Railways, Transport
International Internet Magazine. Baltic States news & analytics
Friday, 19.04.2024, 17:33
LDz Cargo carries 4.4% more freight in January-May
Print version |
|---|
In May this year, the company carried 3.677 mln tons of
freight, down 1.9% from the same months in 2016.
Most of the freight carried by LDz Cargo in the five months of 2017 was import cargos, accounting
for 18.632 mln tons and growing 2.9% year-on-year. Of this amount, 17.349 mln
tons were shipped through Latvian ports, which was 5.9% more than a year ago.
During the five months LDz
Cargo carried 1.427 mln tons of transit freight by land, which was nearly
2.3 times more than a year ago.
Export cargos in the five months of 2017 fell 36.2%
y-o-y to 696,000 tons, and export cargos shipped through Latvian ports
decreased by 0.6% to 535,000 tons. Shipping of domestic cargos declined by 4.2%
to 504,000 tons.
LDz Cargo carried
20.362 mln tons of freight in the five 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.
«The Baltic Course» Is Sold and Stays in Business!
