News / RZD profits rise as more freight traffic moves to the railways

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Russia is continuing to develop its rail freight capacity, part of its eastern pivot after two years of war on Ukraine having left it shut out from most of the major markets.

The shift to the tracks is evidenced by the growth of its national rail carrier, Russian Railways (RZD), which saw freight revenue climb year on year in 2023, coinciding with the opening of a new link between Moscow and Taiyuan, in China.

A spokesperson ...