The increased investment in freight trains in Argentina shows positive results
With 8.3 million tonnes carried during the first five months of the year, freight has grown by 95% compared to 2015
Freight volumes grew by 19% in the first five months of the year compared to the same period last year, transporting 1.3 million more tonnes (8,363,288 tonnes between January and May 2019, against 7,024,258 tonnes) in the first five months of 2015). Thanks to this growth, the industry achieved a record that was not exceeded since 2013, when 8,627,028 tons were transported in the same period.
In the totals for the year, the railway market share is led by Trenes Argentinos Cargas (TAC), the company dependent on the Ministry of Transport, followed by FEPSA and then by New Central Argentino (NCA) and Ferrosur. From January to May TAC transported 95% more than the same period in 2015 (2,062,626 tonnes vs. 1,056,543 tonnes).
“The railroads in Argentina suffered decades of neglect, which makes these new positive indicators of the recovery that is underway, to lower logistics costs, generate employment and accompany the development of the regions and production so important,” said Guillermo Dietrich. , Minister of Transportation of the Nation.
In addition, in the month of May, all operators of freight trains grew 12% more compared to the same month in 2015 (1,868,068 tonnes vs. 1,668,294 tonnes). Argentine Trains Cargoes, meanwhile, increased shipments by 111% compared to the same period of 2015 (488,444 tonnes vs. 231,357 tonnes).
“We are proud to see how we are growing in the rail freight system, rail is fundamental for the economic development of the country and the investments we are making are going to make these results grow more and more,” said Ezequiel Lemos, president of Trains. Argentines Cargo.
Completed New Tracks
More than 700 kilometres are already completed on the Belgrano Cargas line of a total of 1,700 km, for an investment of USD 3 billion. This renewal of tracks is the largest executed in recent decades.
The project also includes improvements in the access to the ports of Rosario (the main grain port), whose first work to the ports of Timbúes had already begun in February 2019, along with a new railroad bypass of the city of Santa Fe. The 1,180-km stretch from Joaquín V González, in Salta, and Timbúes, in the Gran Rosario, today is completed in 8 days, while in 2015 it took 18.
In the framework of the renewal of freight trains that are being executed by the Ministry of Transport, the company Trenes Argentinos Cargas has renewed its total rail car fleet by incorporating 3,500 new wagons and 107 new locomotives.
During the G20 summit in Buenos Aires, a commercial agreement was signed with the Chinese company CRCC for the renovation of the San Martín Line. With an investment of 1,089 million US dollars, 1,020 kilometres of tracks will be replaced on the cargo train line that joins the region of Cuyo with the ports of Rosario and Buenos Aires which will generate 3,800 new jobs.
Fuente: La Cronista