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According to her, the objective is to strengthen logistics supply chains and improve the mobility of large loads between Lithuania and Poland. Expansion to Poland will also allow for the diversification of LTG Cargo’s operational risks, increase cargo flow and reach the target set in the strategy: 65-70 million. tons of cargo per year.
“Although rail freight companies in Europe are experiencing shocks, we see the current period as an open window of opportunity for active development. This will allow us to further diversify our cargo flow, reduce our dependence on traditional types of cargo, whose demand will gradually decrease over the next decade, “says Egidijus Lazauskas, CEO of LTG Cargo.
In the near future, LTG Cargo Polska will seek strategic partnerships with carriers in the Polish market in the development of cargo routes between Poland and Lithuania. LTG Cargo and PKP Cargo, the largest railway transport company in Poland, are currently being negotiated over the establishment of a joint venture. The joint venture is slated to handle intermodal freight transport between Lithuania and Poland.
Lithuania’s LTG Cargo, which received a safety certificate from the Polish Rail Transport Service in late June, also plans to start cargo transportation in Poland in the near future. Firstly, the company plans to start operations in Poland on a regular cargo service between Mockava and Białystok.
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