LTG Cargo Expands Fleet with 500 New Grain Transport Wagons

LTG Cargo has announced the acquisition of 500 new wagons for transporting cereals, with some of the wagons arriving in Lithuania during this year's grain transport season.

The purchase is expected to boost LTG Cargo's freight capacity by approximately 1.2 million tonnes annually, aligning with the company’s goal to increase the volume of grain transported domestically by rail to 60% of total grain transport.

"Given the growing market demand, we have planned to increase the volume of grain transported domestically by rail to 60% of the total grain transport. Therefore, the newly acquired wagons will allow us to consistently increase the volumes of cereal transport," said Eglė Šimė, LTG Cargo CEO. Šimė mentioned that the renewal of equipment is crucial for customers in the agricultural sector, offering more efficient, sustainable, and competitive transport solutions.

The first batch of wagons will arrive in Lithuania within the next couple of months, with the remaining 300 wagons from the first phase expected by the end of this year and an additional 200 wagons in the first quarter of 2025.

The renewed fleet will primarily support domestic transport and Klaipėda Sea port freight traffic, reflecting the growing demand for efficient grain transport. Grain currently represents 13-14% of LTG Cargo's total freight volumes, a figure that continues to rise annually. "By shifting more freight from road to rail, we will not only reduce the strain on the road infrastructure but also ensure that more goods move by one of the greenest modes of transport," added Šimė.

Each new wagon can carry 2.5 times more grain than a road vehicle, potentially eliminating 45,000 road journeys annually. The wagons were purchased from Ukrainian manufacturers, reinforcing LTG Cargo's commitment to supporting Ukraine and securing alternative parts and components due to the supply disruptions from Russia and Belarus amid the ongoing Russian war.

Source: LTG Cargo