Russian Railways loses about 10% of cargo due to war

Since the beginning of the war, Russian Railways has lost about 10% of its cargo volumes. The volume of freight traffic on the Russian railway network has collapsed by 125 million tons, the head of the company, Oleg Belozerov, said, referring to sanctions imposed after the war. It is reported by Railway Supply magazine with reference to RailFreight.

In 2021, Russian Railways shipped 1,282.9 million tons of cargo, the lost volumes are 9.7%.

In any case, 125 million tons is the share of cargo “not delivered to recipients from unfriendly countries,” explains the head of Russian Railways. At the same time, slightly less than half of the lost export volumes – 60 million tons – were redirected to “friendly countries”.

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Since the beginning of the year, the Russian government has invested more than 300 billion rubles in the company’s capital. By the end of the year, Russian Railways plans to raise capital for another 217 billion rubles, Russian Transport Minister Vitaly Savelyev announced on November 10.

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