Cargo, EU – Baltic States, Good for Business, Lithuania, Railways, Transport
International Internet Magazine. Baltic States news & analytics
Wednesday, 24.04.2024, 20:48
Lithuania's LTG Cargo entering Poland
The aim is to strengthen logistics supply chains and improve the mobility of large freight shipments between Lithuania and Poland, LTG said in a press release.
The expansion to Poland will also help diversify LTG Cargo's operational risks, boost freight flows and achieve its strategic target of 65 million to 70 million tons of freight per year, it said.
"Although rail freight businesses across Europe are experiencing shocks, we see the current period as an open window of opportunity for active development", LTG Cargo CEO Egidijus Lazauskas said in the press release.
"This will allow us to further diversify our freight flows and reduce our dependence on traditional types of freight demand for which will gradually shrink over the next decade," he added.
In the near future, LTG Cargo Polska will seek strategic partnerships with carriers in the Polish market to develop freight routes between Poland and Lithuania
LTG Cargo is currently in talks with PKP Cargo, Poland's leading railway freight operator, on a joint venture for intermodal shipments between the two neighboring countries.
Lithuania's LTG Cargo is also poised to start freight transportation operations in Poland in the near future.
Poland's Office of Rail Transport (UTK) in late June granted a safety certificate to the Lithuanian operator which plans to initially launch a regular freight service between Mockava and Bialystok.
- 28.01.2022 BONO aims at a billion!
- 26.08.2021 LLC Dizozols Investments finalizes investment attraction deal with Crowdestor with record-high profits
- 13.02.2021 Моя жизнь в газете. Очерки по новейшей истории Латвии. Глава 1
- 30.12.2020 Накануне 25-летия Балтийский курс/The Baltic Course уходит с рынка деловых СМИ
- 30.12.2020 On the verge of its 25th anniversary, The Baltic Course leaves business media market
- 30.12.2020 Business Education Plus предлагает анонсы бизнес-обучений в январе-феврале 2021 года
- 30.12.2020 Hotels showing strong interest in providing self-isolation service
- 30.12.2020 EU to buy additional 100 mln doses of coronavirus vaccine
- 30.12.2020 ЕС закупит 100 млн. дополнительных доз вакцины Biontech и Pfizer
- 29.12.2020 Latvia to impose curfew, state of emergency to be extended until February 7