Losses in cargo transport of RZD AG

Less demand for cargo transport services of Russian Railways in 2009
 

Also the cargo transport segment of the Russian Railways (RZD) had to make sacrifices in 2009. The transport volume dropped 15 per cent to 1.108 billion tons compared on 2008, as the group writes in a press release. A strong decline became visible on the demand for iron scrap (down 32.6 per cent to 16.6 million tons), timber (down 26.8 per cent to 40.6 million tons), chemicals and sodium carbonate (down 19.6 per cent to around 25 million tons), building materials (down 35 per cent to 128.2 million tons) and cement (down 19 per cent to 29.2 million tons). As for hard coal the annual report shows 275.4 million tons (down 7.1 per cent), for oil and oil products 228 million tons (down 1.8 per cent). In container transport the volume fell 18.6 per cent to 15.2 million tons.

In cargo transport, Russian Railways felt the impact of the global financial and economic crisis and of the general declines in production, in the form of less demand for rail transportations. As the Moscow headquarters state, the group encountered this development with an anti-crisis program targeting sustainable and effective service of the economy and the population.

Quelle: Österreichische Verkehrszeitung 
Portal:  www.logistik-express.com

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