Business news from Ukraine

Business news from Ukraine

“Ukrzaliznytsia” recorded freight traffic growth by 45.7% in June

17 June , 2023  

JSC “Ukrzaliznytsia” (UZ) in the period from 1 to 15 June recorded an increase in rail freight traffic by 45.7% compared to the same period of 2022, the press service of UZ reported on Friday.
“Freight rail shipments between June 1 and June 15, 2023, according to operational data, increased by 45.7% compared to the same period in June 2022 and by 12% compared to the same period in May this year. The average daily load for the period increased by 26.2% compared to June 2022 – up to 390.4 thousand tons, “- said in a report UZ.
According to the company, the volume of domestic shipments in the first half of June rose by 47% compared with the same period last year and by 8.3% compared with the first half of May – up to 3.715 million tons. Export traffic rose by 50.8% and 19.5%, respectively – to 2.191 million tons.
UZ specified that according to the cargo types minerals, coal, grain and milling products, manganese and iron ore traditionally lead in terms of transportation volumes.
Transportation of grain cargo from June 1-15 has increased by 71.2% against the same period of 2022 and by 24% against the first half of May – up to 1.106 million tons. At the same time, export shipments of grain increased by 2.3 and 54.3% respectively up to 849.9 thousand tons. Coal carriages increased by 29.2% and 7.2%, respectively – to 1.136 million tons, iron and manganese ore – by 12.8% and 2% – to 1 million tons. The volume of transportation of Minstroymaterials doubled in comparison with the same period of 2022 and increased by 24% compared to May.
According to Yevgeniy Lyashchenko, head of the board of UZ, these figures give reason to predict that the company can approach breakeven in 2023.
“We have cautious optimism and good indicators of the main work of Ukrzaliznytsia – freight transportation. Thanks to the painstaking work of the Ministry of Reconstruction, business, our specialists, the unblocking of the “grain corridor”, the revival of traffic in the direction of the western borders, we record the growth of freight traffic in the first half of June almost by half. These figures allow us to come close to break-even in 2023″, – he was quoted by the press service of UZ.
Earlier it was reported that in May UZ increased the volume of cargo transportation by 19.2%.