It might sound surprising, but Ukrainian Railways just broke a volume record that has been intact since 2021. Despite continuous challenges in the past years, the state-owned operator recorded an impressive 60 per cent year-on-year increase in TEU (totalling 116,129 TEU) in the first five months of 2024, the highest volume of containerised cargo transported…
Category: Ukrainian Railways
Ukrainian Railways receives half a billion euros in international support
Ukrainian Railways (UZ) is receiving approximately 500 million euros in international financial support. The money comes from the European Bank for Reconstruction and Development (EBRD) in the form of a loan, as well as from the World Bank and Switzerland as a grant. The money is to be spent on electric locomotives and infrastructure. UZ,…
Amid looming threat of Polish border blockades, UZ asks: Why not rail?
The threat of Polish-Ukrainian border blockades is systemic. As road blockades can resume at any time, Ukrainian Railways (UZ) is now asking: Why not ship goods via rail? UZ is proposing that more Ukrainian export freight be transported via rail. The operator says that it received warnings that the frequent border blockades are systemic, and…
Ukrainian Railways grows early-year freight transportation by 30 per cent
Ukrainian Railways (UZ) has achieved year-on-year success by growing its freight transportation by 30 per cent. The growth concerns freight volumes in the period of January to May. At 57 per cent, export volumes grew even more. The total transported volume of freight in the first five months of 2024 amounted to 75,4 million tonnes.…
Ukrainian Railways grows exports by 48,8%
Ukrainian Railways (UZ) has exported 30,4 million tonnes of goods between January and April 2024. This is 48,8 per cent more than during the same period last year. PKP LHS, operating between Poland and Ukraine, shows a similar trend. “In 2024, one of our priorities is to increase the volume of cargo transportation, in particular…
Another Ukraine-Lithuania rail freight connection is in the works
Ukrainian Railways (UZ) and the Lithuanian railway holding LTG Group agreed to develop a new freight service between Kyiv and Klaipėda. “The first test runs of the intermodal cargo transportation route are planned for this year”, LTG added. The initiative is still in its early stages, as a Memorandum of Understanding was recently signed by…
US bank provides Ukrainian Railways $156 mln for rolling stock update
As Ukrainian Railways has been trying to complete the purchase of new rolling stock, the US Export-Import Bank extends an aiding hand. The bank is providing a 156 million dollar loan over a period of 15 years to finalise a purchase deal. The loan puts Ukrainian Railways in a position to buy 40 new diesel…
US bank provides Ukrainian Railways $156 mln for rolling stock update
As Ukrainian Railways has been trying to complete the purchase of new rolling stock, the US Export-Import Bank extends an aiding hand. The bank is providing a 156 million dollar loan over a period of 15 years to finalise a purchase deal. The loan puts Ukrainian Railways in a position to buy 40 new diesel…