PKP Cargo aims to become a logistics operator

PKP Cargo is planning to invest in the intermodal services, to consequently become a logistics operator and grow in Europe mainly, according to the group's new strategy. Comprehensive offer of the logistics operator will be complemented by the ‘last-mile’ road freight, the company said in a press release. What is more, PKP Cargo will develop rail freight within the Central Europe with the use of assets of the two carriers: PKP Cargo and Czech AWT acquired in 2015. Key directions of the expansion (organic and via mergers) will cover servicing the N-S and W-E corridors. On the Baltic – Adriatic Seas route the Company intends to make use of the full capacity of the cooperation with the Croatian HZ Cargo, whereas thanks to the Rol-Rail subsidiary (joint-venture with the Italian national carrier - Trenitalia) it will provide its services also on the Apennine Peninsula. "The CARGO’20 strategy is our response to the challenges and opportunities faced by the PKP CARGO Group. We will use the expanding logistics competences of our group, its favorable financial condition and geographical location of Poland, forming a great foundation for building the position of the leading European logistics operator. We plan to extend the geographical range of operation, in particular towards south," said CEO of PKP Cargo Adam Purwin. By 2020, transport performance within the group is to increase by some 30%, reaching the level of 40 billion tkm, whereas the share of transport performance outside Poland – from the current 2% to app. 22%. Current share of PKP Cargo in trans-border rail connection servicing reaches 42%, whereas its share in the Polish rail freight market stands at 57%.