Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >Ukraine says higher freight tariffs are inevitable
    Headlines

    Ukraine Says Higher Freight Tariffs Are Inevitable

    Published by Global Banking & Finance Review®

    Posted on December 15, 2025

    2 min read

    Last updated: January 20, 2026

    Add as preferred source on Google
    Ukraine says higher freight tariffs are inevitable - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Transportation SectorDebt Capital Marketsfinancial stabilityEconomic Planning

    Quick Summary

    Ukraine will raise freight tariffs due to Russian attacks, impacting industries. The 27% increase is controversial among businesses.

    Ukraine's Freight Tariff Increase: An Inevitable Move

    KYIV, ‌Dec 15 (Reuters) - Ukraine will be unable to avoid ‍increasing ‌freight tariffs as its transport system is targeted by ⁠constant Russian attacks, a ‌deputy economy minister was quoted as saying on Monday of measures strongly opposed by the industrial and farming sectors.

    Multiple ⁠industry associations have said that state railway company Ukrzaliznytsia's plans to ​increase freight tariffs by 27% from January ‌1 would make many ⁠businesses unprofitable.

    Ukrzaliznytsia CEO Oleksandr Pertsovskyi told Reuters in September that the company had prepared a recovery ​plan that included higher freight tariffs to help to control debt in the face of Russian attacks and falling cargo deliveries.

    "It's impossible to say that ​there ‍will never be indexation (of ​freight tariffs)," the Agroportal online research data site quoted Taras Vysotskiy as saying. 

    "It's definitely inevitable. The only question is how to do it in the most consensual way possible," the deputy economy minister added.

    Ukraine is ⁠a major grower and exporter of grain and oilseeds that are largely ​transported through Black Sea ports where agricultural products are delivered by rail.

    "For farmers, the increase in Ukrzaliznytsia's tariffs is effectively a kind of ‌additional tax," said Mykhailo Sokolov, deputy head of Ukrainian farmers' union UAC.

    (Reporting by Pavel PolityukEditing by David Goodman)

    Key Takeaways

    • •Ukraine plans to increase freight tariffs due to Russian attacks.
    • •The 27% tariff hike is opposed by industrial and farming sectors.
    • •Ukrzaliznytsia aims to manage debt with higher tariffs.
    • •Tariff increases are seen as an additional tax by farmers.
    • •Ukraine is a major grain and oilseed exporter affected by these changes.

    Frequently Asked Questions about Ukraine says higher freight tariffs are inevitable

    1What is freight tariff?

    A freight tariff is a fee charged by transportation companies for the movement of goods. It is typically calculated based on weight, distance, and type of cargo.

    2What is Ukrzaliznytsia?

    Ukrzaliznytsia is the state railway company of Ukraine, responsible for the operation of rail transport services within the country.

    3What is indexation in tariffs?

    Indexation in tariffs refers to the adjustment of prices based on a specific index, such as inflation, to ensure that the value of the tariff remains consistent over time.

    4What are agricultural products?

    Agricultural products are goods produced through farming, including crops like grains and oilseeds, which are often transported for trade and export.

    5What is a recovery plan?

    A recovery plan is a strategy developed by organizations to restore operations and manage financial stability after a crisis or significant disruption.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Mullally to be installed as first female Archbishop of Canterbury
    Mullally to Be Installed as First Female Archbishop of Canterbury
    Image for Cyprus seeks new security deal for UK bases, Telegraph reports
    Cyprus Seeks New Security Deal for UK Bases, Telegraph Reports
    Image for British army veteran completes record 100km Land Rover pull
    British Army Veteran Completes Record 100km Land Rover Pull
    Image for Pope Leo laments that Iran war 'getting worse and worse'
    Pope Leo Laments That Iran War 'getting Worse and Worse'
    Image for Denmark's left-wing bloc leads election but lacks majority, exit polls show
    Denmark's Left-Wing Bloc Leads Election but Lacks Majority, Exit Polls Show
    Image for Moldovan parliament backs energy state of emergency after power line put out of action
    Moldovan Parliament Backs Energy State of Emergency After Power Line Put Out of Action
    Image for US expected to send thousands more soldiers to Middle East, sources say
    US Expected to Send Thousands More Soldiers to Middle East, Sources Say
    Image for Brazil court places Bolsonaro under house arrest on health grounds
    Brazil Court Places Bolsonaro Under House Arrest on Health Grounds
    Image for Analysis-Gulf warnings and fears of miscalculation preceded Trump’s pause in Iran showdown
    Analysis-Gulf Warnings and Fears of Miscalculation Preceded Trump’s Pause in Iran Showdown
    Image for Italian justice undersecretary quits over mafia-linked restaurant scandal
    Italian Justice Undersecretary Quits Over Mafia-Linked Restaurant Scandal
    Image for One killed, 13 injured in Ukrainian drone attack in Russia's Kursk region, governor says
    One Killed, 13 Injured in Ukrainian Drone Attack in Russia's Kursk Region, Governor Says
    Image for Two killed in Russian drone attack on western Ukrainian city, governor says
    Two Killed in Russian Drone Attack on Western Ukrainian City, Governor Says
    View All Headlines Posts
    Previous Headlines PostDoctors in England to Strike After They Reject Government's Offer
    Next Headlines PostECB Criticises Italy Over Budget Measures Affecting Banks