Georgian Railway made over GEL 191 million ($70.4) in income from freight in the first six months of 2022, the highest figure over the last seven years, the company announced on August 8.
The company transported a total of 6.8 million tons of cargo in the first two quarters of the year, up by 13.3%.
The statement also said Georgian Railway had maintained an increasing trend in freight transportation since 2018, saying the figures had increased in all directions including China, Kazakhstan, the Middle Corridor and the Baku-Tbilisi-Kars route.
Additionally, freight increased for the following types of cargo: fuel oil – from Kazakhstan, crude oil – from Kazakhstan, methanol – from Azerbaijan, carbide – from Turkmenistan, Uzbekistan and Azerbaijan and raw sugar – from Central Asia.
In his comments, Georgian Railway Director General Davit Peradze said the main challenge of the company remained unchanged in attracting new loads to the freight corridor and maintaining them in the long term. (Agenda/Business World Magazine)