Baltic Rail achieves 40,6 per cent TEU growth despite unfavourable circumstances in 2024

Intermodal container operator Baltic Rail saw significant growth in terms of TEU handled in 2024. That is despite unfavourable circumstances: The company’s business is particularly affected by the fragile security situation in the Red Sea. Nevertheless, the setbacks have not stopped the company from achieving growth.

“We’ve had a difficult period in 2024, due to the Suez crisis. That has reduced our main activity”, Stephen Archer, CEO of Baltic Rail, explains to RailFreight.com. The company provides intermodal transport services for containers, especially on the Baltic – Adriatic corridor. Its niche product concerns fast connections from Asia, including Chinese, Korean and Japanese traffic.

Freight from that region is shipped via sea, through the Red Sea and Suez canal, into the Adriatic Sea and unloaded in the port of Koper. From there,…