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Estonian rail freight carrier’s cargo volume increased by 8.5 per cent in April

Estonian state-owned rail freight carrier EVR Cargo’s freight volume reached 1.3 million tons in April, increasing by 8.5 per cent year-on-year. The overall freight volume during the first four months of the year is still 4 per cent short of last year’s result, amounting to 5.8 million tons in total.

EVR Cargo’s chairman of the board Ahto Altjõe said that March and April’s modest growth numbers have not been able to compensate the lower volumes that occurred in January and February. "The first four months of the year have passed without major surprises and we remain on track with our freight turnover plan for 2014,” noted Altjõe.

The volume of mineral liquid fuels increased by 12.7 per cent to 587 thousand tons in April, the volume of fertilisers increased by 20.5 to 269 thousand tons and the volume of chemical goods increased by 16 per cent to 96 thousand tons. At the same time, the volume of oil shale transport decreased by 3.2 percent to 187 thousand tons.

Russia remained as the main trade partner in railway freight with 682 thousand tons, increasing by 28 per cent from last year. Latvia and Kazakhstan increased their share respectively by 41 and 2 per cent to 146 thousand and 128 thousand tons. Trade with Lithuania and Belarus decreased by 41 per cent to 30 thousand and 68 thousand tons respectively.

The share of transit freight increased by 18 per cent to 942 thousand tons, forming 72 per cent of the total freight volume.

EVR Cargo's container transport volume increased by 17 per cent to 6514 TEUs in April.

EVR Cargo has hauled 5.8 million tons of freight during the first four months of the year, showing a decline of 4 per cent compared to last year. The volume of mineral liquid fuels has decreased by 10 per cent to 2.8 million tons. The freight volume of fertilizers has increased by 27 per cent to 1.07 million tons and the volume of chemical goods has increased by 7 per cent to 0.35 million tons. Oil shale transport has dropped by 17 per cent to 0.94 million tons.

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.

19.05.2014

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