Record-breaking amount of cargo transported by UB Railway past decade

In Q1 2023, UB Railway managed to move 8.1 million tons of cargo, which is an unprecedent achievement prior to now decade. This achievement is occurring due to information that the difficulties of the pandemic are disappearing and the practice change between Zamyn-Uud-Erenhot Port is rising, which is the primary export and import gateway of our nation. Because the starting of April, 15 trains have been despatched per day to the Chinese language facet on the Zamyn-Uud-Erenhot Port broad-gauge railway due to UB Railway’s energetic collaboration with the railways of neighboring nations to extend practice change. In final February, it was formally agreed to extend the change of broad-gauge trains from 14 to fifteen per day with the Chinese language facet. Sooner or later, if UB Railway works at this tempo, it can break the historic document set earlier than the COVID-19 pandemic, and it reveals that there’s a chance of transporting 32 million tons of cargo in 2023.

REVENUE CREATED FROM TRANSPORTATIONS INCREASED BY 2.4 TIMES IN Q1

Within the first quarter of this yr, the income of air transport elevated by 3.7 instances, and the earnings of street transport elevated by 2.6 instances, whereas the income of railway transportation elevated by 71 p.c.

Based on the Nationwide Statistics Workplace, the income of all transportation reached 705.3 million MNT, a 2.3-fold enhance from the identical interval final yr. That is due to the rise in the transportation of mining merchandise, in addition to the rise in air visitors.

The transportation of building supplies decreased because of inactive season, border situations, and cargo transportation capability, however after recovering from the final half of 2022, statistical indicators confirmed a rise, as properly.

As for passenger transport, a complete of 31.3 million individuals traveled in Q1 2023, which is a lower of seven.6 p.c from the identical interval final yr. That is because of a double lower within the variety of passengers by public transport by two million individuals.

EXPORT ACCOUNTS FOR 38 PERCENT OF TOTAL CARGO TRANSPORTED
As of final week, UB Railway had transported 9.8 million tons of cargo, which is 2.2 million ton enhance than the identical interval final yr. Final week, a complete of 623,600 tons of cargo was transported. From the entire cargo transported final week, 202,000 tons of cargo was native, 235,300 tons had been for export, 80,100 tons had been imported, and 106,200 tons had been transit cargo.

Of those, export cargo alone accounted for 37.7 p.c.

Furthermore, from the start of 2023 till final week, a complete of 811 trains handed via Mongolia. Of these, 396 trains traveled from Russia to China, and 415 trains traveled from China to Russia.