PKP Cargo grows its market share in August

Polish national rail freight operator PKP Cargo has grown its market share in transported freight volumes in August by 1.48% compared to July. The company says that that is a particularly positive development, considering that the overall market is in decline.
The 1.48% market share gain made for a total of 26.74%. Also in terms of transport performance, PKP Cargo grew its market share by 1.73%, for a total of 26.49%.

The operator points out that other rail operators showed decline between July and August (-5.2% for their collective transported volume and -5.3% for transport performance). PKP Cargo, by contrast, showed positive results of +2.4% and +3.6% for volume and performance during that same time period.

Restructuring plan

“The August share increase demonstrates that our efforts to improve operational efficiency and maintain close collaboration with key customers are yielding tangible results”, commented Agnieszka Wasilewska-Semail, President of the company’s Management Board.

“Despite challenging market conditions and limited demand in some segments, we are consistently implementing our strategy and the assumptions of our restructuring plan. We are strengthening our market position. This month, we completed our first aggregate transport using leased specialised wagons. This is not only a new business opportunity but also a part of our strategy to modernise and diversify our transportation offerings.”

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