Russian Railways predicts a reduction in the loading in January to 3.5% in terms of growth 2.9%

Russian Railways predicts a reduction in the loading in January to 3.5% in terms of growth 2.9%


MOSCOW, January 29. JSC “Russian Railways” (RZD) expects slower loading in January to 3.5%, told journalists the Vice-President of the company Pavel Ivanov.

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“We are currently behind plan on loading more than 5 million tonnes – 6% of the plan. A 3.5% reduction to the level of January of last year,” he said.

As previously reported with reference to a source in RZD, the plan provided for the growth of loading in January 2016 at 2.9%.

“Oil shipments slumped. Presentation of coal a little lower than last year, almost on the same level as last year coal products, and everything else is very cool sank. Slipped, unfortunately, and exports, primarily through land border crossings to China have been cut by 30%, dropped very heavily the Baltic States, 25% reduced traffic volumes on Kazakhstan via land crossings, too, more than 20%”, – noted Vice-the President of the Russian Railways.

Ivanov also said that Russian Railways plans to increase loading in February by 1.6%.

“The February plan comes with increased commitments to last year’s level by 1.6 per cent,” he said.