War-related freight increases, logistical difficulties and sanctions affect the transportation of coal, aluminum and other commodities.
Russia is facing major problems delivering goods to China on its eastern route rail network, signaling a worsening economic crisis caused by the war and sanctions. Bloomberg reported this on Monday, December 23.
This year, transportation along the Russian railway has fallen to the level of the crisis in 2008-2009, and the downward trend continues.
In response, Russian Railways is cutting its investment program by 30% due to rising borrowing costs.
War-related freight increases, logistical difficulties and sanctions affect the transportation of coal, aluminum and other commodities. Reliance on the “landfill in the east” complicates the situation, as its capacity is limited. In November, the volume of transportation by rail in the Russian Federation decreased by 5.2% compared to the previous year.
Earlier it became known that the Russian Railways recorded a decrease in cargo transportation for the third year, which is related to the sanctions against Russia.
Let’s recall that the media earlier wrote that the growth of the Russian economy during the war had passed its peak and was now declining.
Source: korrespondent
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