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LTG Cargo starts cooperation with Kazakh companies: For the first time it will provide locomotive rental services

LTG Cargo starts cooperation with Kazakh companies: For the first time it will provide locomotive rental services
photo: LTG/LTG Cargo starts cooperation with Kazakh companies: For the first time it will provide locomotive rental services
21 / 06 / 2022

LTG Cargo, the freight transport company of the Lithuanian Railways (LTG) Group, continues to diversify its activities and is actively seeking new opportunities. This week, the company signed its first international cooperation agreements with Kazakh companies. Together, they will aim to strengthen the intermodal Trans-Caspian logistics corridor and enable new alternatives for transporting cargo from Asia to the Klaipėda Sea Port.

"The movement of freight needs to discover new routes. We aim to strengthen international cooperation and thus both further diversify our activities and help businesses find the logistics solutions they need. We are talking to Kazakh companies about a project that could connect Lithuania to the Far East and Central Asia, bypassing Russia. Together with our recently re-launched subsidiary LTG Cargo Ukraine, we are already taking the first historic steps towards a new destination and look forward to contributing to the development of a multi-modal route - rail, port and road - crossing 9 countries," says Eglė Šimė, LTG Cargo CEO.

The company has signed a memorandum of understanding with Kazakhstan's Temirzhol Zhondeu to cooperate on a railway project in Moldova. LTG Cargo plans to start providing mainline and shunting locomotive rental services to the company this summer. In the future, LTG Group intends to provide these services to other companies in Kazakhstan and to start freight forwarding services.

LTG Cargo has also signed an agreement with Eurasian Vector, a Kazakh transport company. It is expected that this will allow 13,000 tonnes of metal alloy cargo to be transported to Klaipėda Seaport later this year.

At the same time, LTG Cargo Ukraine has signed a direct cooperation agreement with KTZ Express, a company of the Kazakhstan Railways Group, to carry out intermodal transport along the Trans-Caspian corridor.

As a reminder, LTG Cargo is also currently expanding its operations to the West and has already successfully transported cargo by rail from Lithuania to Germany. In addition, the company is actively developing partnerships with its Latvian and Estonian counterparts and is looking to exploit the potential of the Ambertrain train between the Baltic States and Western Europe.

 

Source: LTG News Releases

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