Business news from Ukraine

Business news from Ukraine

UZ increased cargo transshipment by 23.3%

10 October , 2024  

Since the beginning of the year, Ukrzaliznytsia JSC (UZ) has increased its cargo transportation by almost a quarter, reducing it in September compared to August, according to an analytical note prepared for a meeting of the Exporters’ Office on Wednesday.
In January-September, the volume of cargo transportation increased by 23.3% compared to the same period last year, to 131.88 million tons. At the same time, in September, 2.4% less cargo was transported than in August – 13.84 million tons, the document says.
“Massive rocket attacks have significantly affected the state of the energy sector, certain industries, and transport infrastructure, which affects the dynamics of cargo transportation,” it says.
The volume of transportation in export traffic for 9 months increased by 66.4% to 63.92 million tons.
According to the results of 9 months, the largest exports were of grain cargo – 25.78 million tons (40.3%), iron and manganese ore – 25.19 million tons (39.4%), and ferrous metals – 4 million tons (6.2%). The fourth position is occupied by construction materials – 3 million tons (4.7%). At the same time, in September 2024, the volume of cargo exports decreased by 6% to 6.18 million tons compared to August.
As of September, exports accounted for 49% of total transportation, while in the same period last year – 36%.
The volume of grain cargo transportation for 9 months increased by 62.9% to 25.78 mln tons. The company transported 21.8 mln tons to ports, which is 2.3 times higher than the same period last year. Exports through land crossings, on the contrary, decreased by 38.5% to 3.89 million tons.
In September, compared to August, the volume of grain exports fell by 13.2% to 2.28 million tons. In the direction of ports, grain transportation decreased by 15.8% to 1.9 million tons, while in the direction of land crossings it increased by 3% to 378.74 thousand tons.
Export transportation volumes of iron and manganese ore doubled to 25.18 million tons over 9 months.
Over 9 months, the company transported 11 times more ore to ports than in the same period last year, 13.88 million tons, while transportation by land crossings decreased by 2.8% to 11.3 million tons.
In September, ore exports increased by 1.7% to 2.36 million tons compared to August. Ore was transported to ports by 18.4% more, to 1.31 million tons. The volume of transportation through land crossings decreased by 13.6% to 1.04 million tons.
Earlier it was reported that in January-August 2024, UZ increased the volume of cargo transportation by 24.3% compared to the same period last year – up to 118.04 million tons.

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