Bank Of Baku

Transportation by rail declines by 29% in Azerbaijan

Transportation by rail declines by 29% in Azerbaijan
# 29 March 2009 14:35 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. 3 million tons of cargo was transported by rail in Azerbaijan during January-February, a 28.5% decline on the same period last year. The decline in rail transportation is attributed to a decrease in crude oil transport by rail.
The State Statistical Committee said that wagon loading a day fell by 24.6% and unloading decreased by 30.4% over this period.
Wagon loading a day for northbound routes fell by 18.5%, for westbound routes decreased by 38.5% and for southbound routes dropped by 52.1%.
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