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Tuesday, June 19, 2018
Ukrainian Railways will close about half of its 177 grain loading stations in an effort to optimize costs,
Ukrainian Railways will close about half of its 177 grain loading stations in an effort to optimize costs, Yevhen Kravtsov, acting chairman of the railroad, tells the European Business Association. Of the closures, 27 will be permanent and 65 will be temporary, during the July–December peak harvesting and grain transportation season. Dragon capital writes: “Closing its inactive grain loading stations and optimizing its grain transport business otherwise is important for [Ukrzaliznytsia], as recent growth in grain exports from Ukraine revealed the company’s weaknesses in providing quality service and meeting demand from farmers in a timely fashion.”