From June 1, LTG Infra, the Lithuanian railway infrastructure manager, will be responsible for the management and development of the country’s railway freight terminals.
manage the terminals of the Lithuanian Railways
This is reported by the railway magazine Railway Supply with reference to LTG Infra.
This is a decisive step for Lithuanian Railways (LTG Group), which sees growth in intermodal transport and needs an effective approach to manage the situation.
“Our goal is to transport as much cargo as possible by the most environmentally friendly means of transport – by train – to Western Europe. To improve the efficiency of operations and accelerate the implementation of business development, terminal operations are concentrated in one company. By concentrating our activities, we can offer our clients a wider range of services from a single source and manage resources more efficiently,” said Karolis Sankowski, CEO of LTG Infra.
LTG Infra owns intermodal terminals in Vilnius and Kaunas, while the entire LTG Group has 244 cargo terminals and warehouses.
Last year, about 27,000 TEU of cargo was handled at intermodal terminals, and 47,000 wagons at cargo terminals and warehouses. However, other terminal plans are currently in development.
For example, “one of the most important development projects in Lithuania is the creation of an infrastructure in Palemon that is suitable for receiving military equipment and freight trains. Half of the investment, which reaches 13.3 million euros, will come from the Connecting Europe fund,” explained LTG.
Expansion to Western Europe and the launch of intermodal connections is the main activity of the LTG Group at present. In April, LTG Cargo launched the first regular intermodal train between Kaunas Intermodal Terminal and Duisburg via Poznań.
Recently, the ports of Hamburg and Klaipeda also signed an agreement of intent to “strengthen cooperation in the development and implementation of joint projects and the development of new logistics routes for sea and rail transport between Germany and Lithuania”.
In this sense, LTG may soon open new gates to Hamburg, as both sides will contribute to the development of new rail links.