Net income of TransContainer in the first quarter of this year (under RAS) rose to 19,7 million rubles, a twofold gain from the last year’s three months, the TC statement said. The company’s Q1 revenues grew by almost 17% to 4.237 billion rubles.
The solid gain was due, the company says, to a package plan aimed at improving the profitability of the business, including measures to reduce costs and optimize pricing amid container traffics revival.
The volume of the Company’s container platforms traffic for the first three months declined by 5% over the same period in 2009 and amounted to 254,000 TEUs, of which inland traffics reached 158,000 TEUs, international traffic to 96,000 TEUs. The volume of cargo transportation by the company’s own containers in Q1,10 was up 24% from Q1,09, 122,000 TEUs. The TC’s Terminals handled 343,000 TEUs, or 11% above the level of the first quarter of 2009.
TransContainer, a subsidiary of the state-owned Russian Railways (RZD), was formed on March 4, 2006 on the basis of a RZD’s branch – TransContainer, Center for Containerized Cargo Shipment. TransContainer Company is a leading rail container operator in Russia, providing a broad range of services for container shipments and logistics services. As of now the company operates the largest cars fleet, in Russia, CIS and Baltic countries, over 24.000 flatcars, some 60.000 containers of various sizes, as well as more than 840 units of trucks, tractor-trailers, etc.
The solid gain was due, the company says, to a package plan aimed at improving the profitability of the business, including measures to reduce costs and optimize pricing amid container traffics revival.
The volume of the Company’s container platforms traffic for the first three months declined by 5% over the same period in 2009 and amounted to 254,000 TEUs, of which inland traffics reached 158,000 TEUs, international traffic to 96,000 TEUs. The volume of cargo transportation by the company’s own containers in Q1,10 was up 24% from Q1,09, 122,000 TEUs. The TC’s Terminals handled 343,000 TEUs, or 11% above the level of the first quarter of 2009.
TransContainer, a subsidiary of the state-owned Russian Railways (RZD), was formed on March 4, 2006 on the basis of a RZD’s branch – TransContainer, Center for Containerized Cargo Shipment. TransContainer Company is a leading rail container operator in Russia, providing a broad range of services for container shipments and logistics services. As of now the company operates the largest cars fleet, in Russia, CIS and Baltic countries, over 24.000 flatcars, some 60.000 containers of various sizes, as well as more than 840 units of trucks, tractor-trailers, etc.