Russian Railways expects loading volumes to fall by 5% by year-end
Russian Railways’ loading volumes may fall by 5% by the end of this year compared with 2024, deputy head of the state-owned railroad monopoly Mikhail Glazkov said, TASS reports.
"According to our projections, considering the events we are currently holding, we plan an around 5% decrease," he told reporters.
In July, loading volumes are also expected to lose 5% year-on-year, he added.
Russian Railways’ loading volumes decreased by 9.2% to 89.3 mln tons of cargoes in June, and by 7.6% to 554.5 mln tons in the first half of this year.
In 2024, loading volumes amounted to 1.181 bln tons, down by 4.1% compared to 2023.
As reported previously, a trilateral agreement had been signed to develop a feasibility study for the Uzbekistan–Afghanistan–Pakistan Trans-Afghan Railway Project.
