Rail operators reduce investments

The decline in the volume of freight transported by rail in Poland is the consequence of the overall market slowdown, with companies reducing their production of steel and cement, and other materials which are traditionally transported by rail, Esmerk reported. The lack of new road building projects in 2008 has meant that aggregate transport - one of the areas which the rail freight sector was relying on to make up for the downturn in coal production in Poland - did not reach any significant levels. It is thought that the drop in the volume of rail freight transported in 2008 will be 5%, year on year. In this context, rail freight operators are reducing their investment in rolling stock, with CTL Logistics and PCC Rail, the largest private operators, both changing their investment plans. The largest operator, state-owned PKP Cargo, has also had its rolling stock investment plan changed.

Source: Transportweekly