Russia's transportation complex in 2024

In 2024, despite the continuing pressure from the ongoing international sanction restrictions and new restrictive measures, the transportation industry demonstrated its ability to adapt, stabilize and build logistics supply chains, which is confirmed by the positive dynamics of cargo, freight and passenger traffic volumes. In the freight transportation industry, there is a trend towards the expansion of transportation and logistics services, which was facilitated by the development of transport and warehousing infrastructure. The growth of freight flows is facilitated by Russia’s inclusion in international trade and transport flows: according to preliminary estimates, in 2024, the volume of freight traffic along the Trans-Caspian international transport route (TCITR) increased significantly (by 63% to 4 mn tons). The development of passenger transport is facilitated by the growing demand for transportation services, in particular air services, as well as the growth of transportation efficiency due to an increase in flight hours and passenger seat occupancy. The sector managed to overcome the recession of the previous years and reduce the backlog of transportation workloads from pre-crisis levels.