{"id":592204,"date":"2026-11-05T20:54:51","date_gmt":"2026-11-05T09:54:51","guid":{"rendered":"https:\/\/www.railfreight.com\/?p=75751"},"modified":"2026-11-05T20:54:51","modified_gmt":"2026-11-05T09:54:51","slug":"freight-volume-collapses-by-36-ukrainian-railways-set-for-more-severe-loss-in-2026","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=592204","title":{"rendered":"Freight volume collapses by 36%: Ukrainian Railways set for more severe loss in 2026"},"content":{"rendered":"

National rail operator Ukrainian Railways (UZ) could end 2026 with a net loss of up to 18 billion hryvnia (about \u20ac355 million). Despite more optimistic forecasts in summer, a sharp fall in freight volumes has led to a deterioration in UZ’s business.\u00a0<\/strong>
\n<\/span>In summer, UZ still expected a net loss of 10 to 12 billion hryvnia (\u20ac197 million to \u20ac237 million). However, freight volumes have fallen by some 36% since the end of July, Ukrainian Deputy Minister of Infrastructure Volodymyr Shemayev told Forbes Ukraine. As a result, the company lost around 1 billion hryvnia (\u20ac20 million) in revenue.<\/p>\n

Moreover, UZ has lost 400 locomotives to Russian drone attacks since the start of the year, writes Forbes Ukraine. Earlier, RailFreight.com reported<\/a> that over 600 locomotives have been destroyed or damaged during the war.<\/p>\n

Tariff hike falls short<\/h2>\n

UZ raised its freight tariffs by 30% on 1 August. This was the first increase since July 2022, when tariffs rose by 70%. Still, the hike could not compensate for the drop in volumes, Shemayev explained.<\/p>\n

In June, UZ also proposed a further 15% increase from 1 January 2027. No decision has been taken on this yet. The rail operator first has to submit a formal proposal, but even that increase would not cover the expected loss, the deputy minister added.<\/p>\n","protected":false},"excerpt":{"rendered":"

National rail operator Ukrainian Railways (UZ) could end 2026 with a net loss of up to 18 billion hryvnia (about \u20ac355 million). Despite more optimistic\u2026<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[72,471,78,47,341,542,543,544],"tags":[12634],"class_list":["post-592204","post","type-post","status-publish","format-standard","hentry","category-business","category-news","category-rail-freight","category-rail-news","category-ukraine","category-ukrainian-railways","category-ukrzaliznytsia","category-uz","tag-railfreight"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t