Containers on Russian railway network

Is the Russian railway industry facing a crisis?

Image: Russian Railways

The Russian railways sector may face the deepest crisis in its modern history. The ongoing war between Ukraine and Russia and unprecedented sanctions imposed on Russia may throw back the industry for decades. However, there are sectors of growth too.

Export hit hardest

So far, Western sanctions have already led to a significant drop of cargo traffic on Russian railways, particularly on its outbound flows, which fell by almost 16 per cent, year-on-year.

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Author: Eugene Gerden

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Is the Russian railway industry facing a crisis? | RailFreight.com
Containers on Russian railway network

Is the Russian railway industry facing a crisis?

Image: Russian Railways

The Russian railways sector may face the deepest crisis in its modern history. The ongoing war between Ukraine and Russia and unprecedented sanctions imposed on Russia may throw back the industry for decades. However, there are sectors of growth too.

Export hit hardest

So far, Western sanctions have already led to a significant drop of cargo traffic on Russian railways, particularly on its outbound flows, which fell by almost 16 per cent, year-on-year.

Do you want to read the full article?

Are you already a member?

Log in

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@promedia.nl.

 

Author: Eugene Gerden

Add your comment

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