CTL Logistics looks abroad for new business
However, the opposite is taking place. CTL Logistics, the largest private domestic railway transportation company has increased cargo in Germany by 22% in Q1 this year, while this growth amounted to only 3% locally. According to company representatives, CTL Logistics was forced to enter foreign markets due to growing problems in the Polish sector. Following its success in Germany, the company is now planning to enter other EU markets. According to initial plans CTL was to move on Belgium and the Netherlands this year, however, this list has recently grown by an additional three member states. CTL currently has 170 locomotives and 5,000 coaches. It is already finalizing a purchase contract for new locomotives. (Puls Biznesu, pp. 1, 10) A.K.