Taras Kachka, Trade Representative of Ukraine, hopes that the issue will be solved within a few weeks or months.Continue reading
Rail Cargo Hungaria (RCH) is shipping high-quality Hungarian grain to new markets, writes Világgazdaság. Since the end of the domestic harvest, 14,000 tons of grain have been transported to the port of Rijeka, mainly destined for Egypt and Tunisia, RCH announced.
RCH, together with the Croatian state railway company HŽ Cargo, has so far transported 13 trains of mainly wheat and barley from Miskolc to ships waiting at the Adriatic docks. The Croatian company’s grain wagon sets are also used to a considerable extent for these deliveries.
The Hungarian market leader in rail freight transport has been contracted to double the volume by the end of the year and is also negotiating the transit of Ukrainian grain.
Thanks to this year’s high average wheat and barley yields in Hungary and the expected excellent maize harvest, demand for rail transport of grain has increased significantly since the beginning of August. RCH is prepared to transport more than 1 million tons of Hungarian grain for export this grain season. The company will make 700 of its own and 1,500 of the group’s dedicated grain wagons available for transit tasks related to the export of the domestic harvest and Ukrainian grain to Western Europe.
60 percent of Hungarian grain exports are destined for Italy, 30 percent for Germany, and a smaller share for Austria and other European markets. RCH’s rail logistics solutions give Hungarian grain an advantage in the fierce price competition generated by Ukrainian grain on foreign markets.
The company uses high-capacity Vectron locomotives, enabling it to operate trains with a capacity of up to 2,200 tons (1,600 net tons), thus reducing the unit cost of transport. Cost efficiency is also improved by radically reducing turnaround times. For instance, an increasing part of traffic to Italy is being handled at the border crossing at Gyékényes (Hungarian-Croatian border) without changing locomotives.
Via Világgazdaság, Featured image: Pixabay