LTG Cargo’s subsidiary in Ukraine has announced a change in its business model: from September, it will specialize in leasing wagons and locomotives instead of freight forwarding services. LTG Cargo Ukraine already has about 500 Lithuanian wagons at its disposal, which will be effectively used by Ukrainian clients. According to LTG Cargo CEO Egle Šime, railways remain a key supply line for the country during the war, and in the future, the company intends to contribute to the restoration of Ukrainian infrastructure.
As noted by LTG Cargo Ukraine CEO Saulius Stasiunas, the demand for rolling stock in Ukraine is growing: most of the wagons planned for lease are covered, suitable for transporting building materials, food products and containers. In the fall, two modernized shunting locomotives ChME3, designed for work at private terminals, will also be delivered to Ukraine. In the next two years, the company’s fleet will be replenished with another 120 cars and 2M62K series locomotives, and in the future – with Siemens diesel locomotives.
LTG Cargo Ukraine continues to expand its presence on the market: the company has become a member of the European Business Association and has been included in the list of reliable taxpayers of Ukraine. The new strategy will allow offering Ukrainian shippers modern solutions and flexible logistics capabilities that contribute to the development of the country’s transport industry.