Negative sentiment back to gondola car rental market again
Similarly to April, market participants expect another decline in rental rates for gondola cars due to a number of factors.
Railway transportation
EU Council approves extension of duty-free trade regime for Ukraine
The EU Council has approved the extension of the duty-free trade regime for Ukraine for another year. The suspension of import duties and quotas for Ukrainian products will be effective from June 6 this year until June 5, 2025.
Rolling stock price indices in Ukraine // Week 19
Gondola car price index, €/unit*
Indices of rolling stock rental rates in Ukraine // Week 19
Gondola car rental rate index, €/day*
Cooperation agreement on Klaipeda-Kyiv route via Poland between LTG Group and Ukrzaliznytsia inked inVilnius
The Memorandum of Understanding was signed in Vilnius by Yevhen Lyashchenko (CEO of Ukrzaliznytsia), Vyacheslav Yeryomin (member of the Board of UZ), Egidijus Lazauskas (CEO of LTG Group), and Eglė Šimė (CEO of LTG Cargo).
New intermodal connection between Italy and Serbian terminal on the Danube
On May 11, a new intermodal service between the Interporto di Cervignano terminal in Italy and the DPT Pancevo terminal in Serbia, both on the Danube, is to be launched. At the initial stage, trains will run once a week in both directions
ČD Cargo Poland wins tender for transportation of 1 mmt of coal
ČD Cargo Poland, a subsidiary of the Czech national freight carrier, has won a tender to transport 1 million tons of coal from Silesian coal mines to the Polanec thermal power plant in Zawada. This is approximately nine loaded trains per week.
LTG Cargo to purchase 200 gondola cars
Lithuanian carrier LTG Cargo has announced its intention to conduct a public procurement of 200 new 1520 mm gauge gondola cars for the transportation of bulk and other weather-resistant cargo.
Rolling stock price indices in Ukraine // Week 18
Gondola car price index, €/unit*
Hannibal: new connection Italy – Hungary – Romania
Hannibal, a multimodal transportation operator (part of the Contship holding), has announced its plans to launch a new transportation route connecting Budapest (BILK terminal), Curtici (Arad terminal) and Milan (Melzo railway junction) by the end of 2024. The transit time is expected to be 48 hours. Two round trips per week are planned.