Business news from Ukraine

Business news from Ukraine

UZ increased volume of cargo transportation by 30%

4 June , 2024  

In January-May 2024, Ukrzaliznytsia (UZ) transported 75.4 million tons of cargo, up 30% from the same period in 2023, the UZ press service said on Monday.

About half of all cargo (38 million tons) was transported for export, which is 57% more than in January-May 2023, the report said.

“We ensure stable operation and transport commercial cargo in full. According to the results of five months, we have quite significant indicators both in total transportation volumes and in the strategic export traffic for the country. In particular, we increased grain exports by 39% compared to last year. We are ready to continue to fully meet the country’s economy and business transportation needs,” the statement quotes Yevhen Liashchenko, Chairman of the Board of UZ, as saying.

In January-May 2024, the volume of transportation in domestic traffic increased by 6.7% compared to January-May 2023 to 32.9 million tons. Cargo imports increased by 68.5% to 4.3 million tons, while exports increased by 57% to 38 million tons.

As noted, iron and manganese ore led the way in the transportation volumes for the period under review – 19.3 million tons; grain cargo – 18.8 million tons; coal – 11.5 million tons; and building materials – 10.8 million tons.

Earlier it was reported that in January-April 2024, UZ increased the volume of cargo transportation by 28.7% compared to the same period in 2023 to 59.9 million tons, while in the export direction this figure increased by 48.8% to 30.4 million tons.

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