PKP Cargo increases market share to over 50%

During 2016, PKP Cargo's market share of Polish freight amounted to 51.55 percent (in terms of work completed) the company said in a statement on Friday. In terms of monetary value, it had 42 percent of the share of freight distribution in Poland, according to data from Poland’s Central Statistical Office. In December, 2016, PKP Cargo transported 8.8 million tons of goods, an increase of 3.6 percent, y/y. However, for the entire year (2016), the release noted, the company's transported cargo , in terms of ton-per-kilometer, decreased by 7.5 percent, y/y. PKP Cargo said in the statement that it “had increased transportation of stone, metal, container and other chemical products and fertilizers, […] as a result of favorable weather conditions, the construction of several bypasses in the country and modernization of several railway lines.” The company did not indicate which factors accounted for its decreases in freight moved in all of 2016.