LTG Cargo Expands its Fleet for Bulk Cargo Transportation in Lithuania

LTG Cargo Expands its Fleet for Bulk Cargo Transportation in Lithuania. This was reported by the railway transport news portal Railway Supply.

LTG Cargo, part of the LTG Group, is investing €12.7 million in new freight wagons. This move will boost transportation volumes and improve the efficiency of logistics services in Lithuania.

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The company signed a contract with Ukrainian manufacturer after a competitive international tender. Delivery of the first wagons is planned between February and April 2025.

Economic Impact of LTG Cargo Investments

In 2023, building materials and minerals accounted for 21% of LTG Cargo’s total freight transportation. The new wagons will enable the company to transport an additional 0.7 million tons of cargo annually.

Demand for railway transportation is increasing because of major infrastructure projects like Rail Baltica and Via Baltica. These projects are opening new opportunities and encouraging LTG Cargo to expand its operations.

Future Prospects for LTG Cargo

LTG Cargo is strengthening its international presence with subsidiaries in Poland and Ukraine. This expansion makes it the largest railway freight operator in the Baltic region.

Starting in 2025, LTG Cargo’s fleet will be fully privatized to meet European standards. This will improve customer service and transportation efficiency across its logistics network.

LTG Cargo is also committed to green transportation initiatives, supported by a team of 1,800 logistics professionals. In 2023, the company generated €286 million in revenue, reinforcing its leading position in the freight industry.

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