LTG Cargo will operate its own fleet of 6,000 wagons

LTG Cargo will put into operation its own fleet of 6,000 wagons under its management, this is reported by the railway transport news portal Railway Supply.

This move is aimed at enhancing national security and meeting the growing customer demand for environmentally friendly transportation solutions.

LTG Cargo Ukraine Bridges Baltic Countries and Ukraine

Abandoning the shared fleet model is a further step in the company’s transformation.

Following the start of military actions in Ukraine, LTG Cargo ceased using its wagons for transportation through Russia and Belarus. The company is now fully transitioning to the European model, where the entire wagon fleet is owned by the company and not used by the administrations of railways in other countries.

The freight railway transport market in Lithuania is undergoing changes. Customers demand more volume and flexibility, which is driving the adoption of new business models.

The LTG Cargo fleet will be used for both long-term leasing and one-time shipments. About 10% of the fleet will be allocated for reserve wagons for individual orders.

LTG Cargo aims to maximize the use of wagons on long-term leases. This will provide customers with a stable number of wagons regardless of seasonal fluctuations.

Customers will be able to choose leasing terms that best suit their needs.

It is planned that 90% of shipments will be carried out on leased wagons. This model will increase wagon turnover and allow for the transport of more cargo.

The company will conduct major and scheduled repairs on wagons under long-term lease, as well as the reserve fleet.

LTG Cargo Ukraine is increasing its freight volumes

This will ensure their technical soundness and reliability.

The changes only apply to wagons managed by LTG Cargo. Wagons owned by other railway administrations will continue to operate on the Lithuanian network.

The joint wagon fleet, managed according to GTT rules, allocated available wagons between railway administrations of various countries operating on the 1520 mm gauge.

LTG Cargo, as part of LTG Group, is actively expanding its activities in the West.

The company offers cargo transportation, logistics, forwarding, repair, and wagon leasing services in Lithuania and beyond.

LTG Cargo also manages LTG Cargo Polska in Poland and LTG Cargo Ukraine in Ukraine.

The company places a strong emphasis on the environmental aspects of transportation.

LTG Cargo mobilizes a team of 1,800 logistics professionals to achieve its goals.

In 2023, the company transported 27.2 million tons of cargo. LTG Cargo’s revenue last year was approximately 286 million euros, with a net profit of 17.5 million euros.

If you are interested in the services of LTG Cargo Ukraine, please contact a representative at sales@ltgcargo.ua to discuss opportunities for developing your business!

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