Freight volumes on the Russian rail network keep falling. Russian Railways (RZD) likely incurred a 50 billion ruble loss due to the decline over the first months of 2024. The trend is unlikely to reverse soon. For the past seven months, freight volumes on the Russian rail network have been in decline. According to Forbes.ru,…
Category: Coal
Russia grows first quarter rail exports to China by 27,5%
Russian rail exports to China have grown by 27,5 per cent year-on-year in the first quarter. In total, Russia exported 9,4 million tonnes of freight during this period. The growth reflects an ongoing trend of growing rail freight volumes between the two countries. As a result of Western sanctions, it is geopolitically important for Russia…