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EVR Cargo’s freight volume reached 1.04 million tons in March

Estonian state-owned rail freight operator EVR Cargo’s freight volume reached 1.042 million tons in March, dropping by 31 per cent compared to March 2014. 

EVR Cargo’s chairman of the board Ahto Altjõe said that freight volumes have been dropping in all segments, with the exception of fertilisers and chemical goods.  “There are several reasons for the reduction in volume, as the root of the difficulties do not always lie in Estonia,” noted Altjõe. “We have witnessed smaller freight volumes moving to and from Russia and Ukraine due to the economic instability in the region and we are also dealing with increased competition from road transport in domestic freight,” added Altjõe. 

Container traffic volumes dropped by 33 per cent to 4443 TEUs in March, due to a planned upgrading period at a key customer’s plant in Russia. 

The overall volume of mineral liquid fuels in March decreased by 46 per cent year-on-year, reaching 417 thousand tons. Oil shale volumes dropped by 43 per cent to 93 thousand tons due to the mild winter and dry bulk cargo dropped by 64 per cent to 22 thousand tons. Fertilisers were up by 20 per cent, reaching 341 thousand tons and chemical goods volumes increased by 6 per cent to 82 thousand tons. 

The most important trade partner for EVR Cargo in March was Russia, where the total volume of goods exchanged reached 628 thousand tons tons, decreasing by 22 per cent year-on-year. Russia was followed by Belarus with 128 thousand tons, Latvia with 43 thousand tons and Kazakhstan with 23 thousand tons. Trade exchange with Lithuania increased by 39 per cent to 60 thousand tons. 

Transit freight volumes reached 752 thousand tons in March, forming 72 per cent of the total freight volume and decreasing by 32 per cent compared to March last year. 

During the first three months of the year, EVR Cargo’s freight volume has reached 3.47 million tons, dropping by 23 per cent compared to last year. The volume of mineral liquid fuels decreased by 38 per cent to 1.36 million tons. The volume of fertilisers has increased by 26 per cent to 1 million tons. The freight volume of chemical goods has been reduced by 11 per cent to 277 thousand tons, the volume of oil shale transport has dropped by 18 per cent to 559 thousand tons and the volume of dry bulk cargo by 61 per cent to 67 thousand tons. Container volumes reached 12 603 TEUs in the first quarter, down by 32 per cent from last year.

AS EVR Cargo was separated from Estonian Railways in 2012, the company serves its customers in Estonia on a 1229-kilometre long railway track as well as over the entire 1520-millimeter gauge railway network, stretching from Finland to the Black Sea and from the Baltic States to the coast of the Sea of Japan, covering all CIS member states. Rail cars are hauled to and from Russia and surrounding regions in block trains or shuttles, requiring less formalities and thus ensuring faster delivery times. The company also has its own fleet of more than 3300 wagons and 80 locomotives and offers rolling stock repair and maintenance services to its customers. The Estonian logistics hub has several competitive advantages: fully renovated railway infrastructure with more than 25 million tons of annual free capacity, modern port and terminal infrastructure, transparent costs and a business-friendly tax and economic environment. 

24.04.2015

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