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Total amount of cargos carried by LDz Cargo, subsidiary of SJSC Latvijas dzelzceļš, in January increased by 37.1 %

Wednesday, 20 February, 2008

Total amount of cargos carried by LDz Cargo, subsidiary of SJSC Latvijas dzelzceļš, in January 2008 increased by 37.1% and reached 5.043 million tons compared to the same time period of 2007.
The principal goods carried in January 2008 were oil and oil products – 2.015 million tons, i.e. increased by 68.8% compared to January 2007, coal – 1.484 million tons, i.e. increased by 28.7% and mineral fertilizers – 0.551 million tons, increased by 9.3%.
The growth of cargo turnover in January 2008 can be explained by various factors. Firstly, the amount of cargos from Russia increased as a result of unification of the tariffs by Russian Railways. Secondly, general rise in prices of goods and services, especially energy resources, is observed in the world, thus, demand for transport services has increased.
The third factor is unfulfilled cargo delivery liabilities: the clients had to complete contracts and liabilities concluded last year, thus, part of the discharged cargos were included in the total amount of cargos carried in January 2008.

Prepared by:
Public Relations Unit
SJSC Latvijas dzelzceļš
Phone: +371 67234909, +371 67232873
Fax: +371 67232605
E-mail: pr@ldz.lv
www.ldz.lv