State railway company MÁV has revealed that rail freight volume supported by government subsidies for single-wagonload transport has reached 7.2 million tons. The subsidies rechannelled up to 400,000 lorry loads to railways. MÁV, together with peers CER Hungary, GYSEV Cargo, Eurogate Rail Hungary (formerly: Floyd) and Rail Cargo Hungária signed a framework contract with the government in November 2021 on support for loss-making single-wagonload transport which allows individual wagons from different consignors to be bundled into a single train. The subsidies come to more than 26 billion forints for the period 2022-2025. MVM Magyar Magánvasút joined the subsidy scheme in December 2021 and Train Hungary and Kárpát Vasút in May this year.
MAV: Single-wagonload transport has reached 7.2 million tons
Aug 15, 2023
The state railway company said the subsidies rechannelled up to 400,000 lorry loads to railways.