The Estonian company, Tiigi Keskus, has acquired the state-owned rail freight operator, Operail, at a privatisation auction for EUR 19mn, ERR reports. Richard Tomingas, board member of Tiigi Keskus, said that Operail would continue providing rail services, particularly container transportation, in Estonia and expand its operations later if possible. Following the deal, the Estonian state…
The Latvian government will invest an additional EUR 47mn in the state-owned railway company, Latvijas Dzelzcels (LDz), LSM reports. The capital will allow the company to pay all its tax debts and some outstanding bills for services. The state has invested EUR 95.6mn in LDz since 2020 to prop up the company’s finances. LDz has…
Trucks crossing Lithuania’s borders with Belarus and Russia will have to register in advance as of 1 December 2024, BNS reports. Drivers of heavy duty vehicles must now pre-register on the online booking system (EVIS) to cross the border through the remaining three checkpoints on the borders with Belarus and Russia’s Kaliningrad region. The new…
Lithuania’s International Transport and Logistics Alliance (TTLA) has joined the International Road Transport Union (IRU). TTLA’s secretary general, Povilas Drizas, said that membership of IRU allowed the organisation to better represent the interests of Lithuanian road freight operators. TTLA represents 25 of Lithuania’s largest transport and logistics companies, which handle around 80% of all road…
The Estonian government will allocate almost EUR 200mn for the construction of the Rail Baltica railway and another EUR 75mn for a joint rail depot in Tallinn’s Ülemiste district over the next four years, Infrastructure Minister Vladimir Svet announced, ERR reports. He said that the funds would come from the sale of CO2 quotas. The…
The cargo turnover of Latvian ports totalled 17.9mn tonnes in the first half of 2024, which was 11.4% less than in the same period of 2023, according to data from the Central Statistical Bureau (CSP), LSM reports. The total volume of outgoing freight amounted to 13.5mn tonnes (up 2.3%) and incoming freight to 4.4mn tonnes (down…
The volume of freight carried by road increased in Latvia, while the volume of rail, sea, and air freight decreased in the first half of 2024, according to the Central Statistical Bureau (CSP), LSM reports. Freight carried by land transport totalled 40.9mn tonnes in six months, which was 2.0% less than a year earlier. Road freight…
Estonia’s state-owned railway company, Eesti Raudtee (EVR), transported 10mn tonnes of cargo in 2023, which was 43% less than in 2022, ERR reports. The volume of transit freight totalled 2.1mn tonnes in 2023, compared to 9.5m tonnes in 2021. EVR’s commercial director, Arthur Raichmann, said that the biggest commodity groups were shale oil from Estonia…
The cargo turnover of Latvian ports totalled 38.655mn tonnes in 2023, which was down 19.6% from 48.078mn tonnes in 2022, according to data from the Ministry of Transport, Baltic News Network reports. The ministry attributed the decline to changes in the geopolitical situation, particularly the sanctions against Russia. The volume of bulk cargo handled at…