5 Sep 2018 12:40

RZD reports drop in loading in northern European Russia due to problems at coal miners

YAROSLAVL. Sept 5 (Interfax) - The problems of coal companies have led to a decline in freight loading by the Northern Territorial Transport Services Center of the Northern Railway (SZD), a branch of Russian Railways (RZD) , SZD's corporate publication reported.

Freight loading dropped 14.5% year-on-year to 981,500 tonnes in the first seven months of 2018.

"This was due to the fact that JSC Vorkutaugol is not standing up to competition and is losing markets and JSC Intaugol has been declared bankrupt altogether. Oil companies are also reducing loading," the publication said.

Customer loyalty also declined in the first half of 2018, the publication reported. Customers are complaining about delays in carrying out submitted orders, it reported, citing the head of the Northern Territorial Transport Services Center, Andrei Sidorov.

"One gets the impression that for the heads of certain divisions loading indicators are secondary," Sidorov was quoted as saying.

SZD operates in Yaroslavl, Ivanovo, Kostroma, Vologda and Arkhangelsk regions, as well as the Yamalo-Nenets Autonomous District and Komi Republic.