PKP Cargo to expand into intermodal transport

Poland's major freight carrier PKP Cargo plans to expand its operations in the intermodal freight transport market. Traditionally the rail freight carrier is responsible for the shipping of coal, aggregate and building materials. Since last year's debut on the stock exchange, PKP Cargo has expanded its share in international connections and transshipment terminals in hopes of becoming a major shipping player on the international scene. Further PKP Cargo investments include 330 intermodal carriages at a cost of PLN 117 million. A tender for nine new locomotives is set to be drawn up in the near future. The main draw of the intermodal transport market is the ability to service automobile industry shipments. In H1 2014, PKP Cargo signed more than 20 contracts for shipment, inclusing the transport of Skoda and VW automobiles between Poland and neighboring Germany and Czech Republic. PKP Cargo is responsible for 60 percent of the intermodal transport in Poland, as reported by ISBnews.