Swiss railway's change: focus mainly on short and medium distances
The Swiss Federal Council reconsidered the long-term…
At the same time, LTG Cargo will aim to strengthen the intermodal Trans-Caspian logistics corridor in order to new alternatives for transporting freight from Asia to Klaipėda Seaport.
The company has signed a memorandum with Kazakhstan's Temirzhol Zhondeu to cooperate on a railway project in Moldova. LTG Cargo plans to start providing mainline and shunting locomotive rental services to the company this summer. In the future, LTG Group intends to provide these services to other companies in Kazakhstan and also introduce freight forwarding services.
"Freight movements need to find new routes. We aim to strengthen international cooperation and in doing so both further diversify our activities and help businesses find the logistics solutions they need. We are talking to companies in Kazakhstan about a project that could connect Lithuania to the Far East and Central Asia, bypassing Russia. Together with our recently reopened subsidiary LTG Cargo Ukraine, we are already taking the first historic steps towards a new direction and hope to contribute to the development of a multi-modal rail, port, and motor transport route crossing 9 countries," says Eglė Šimė, LTG Cargo CEO.
LTG Cargo has also signed an agreement with Kazakhstan's transport company Eurasian Vector. It is expected that this will allow 13,000 tonnes of metal alloy freight to be transported to Klaipėda Seaport later this year.
At the same time, LTG Cargo Ukraine has signed a direct cooperation agreement with KTZ Express, a company of the Kazakhstan Railways Group, to carry out intermodal transport along the Trans-Caspian corridor.
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