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2009 March 10   11:16

Freight One boosts transport 4% in Feb

OJSC Freight One increased cargo transport  in  February  2009 by 4% to 11.2 million tonnes in comparison with January, the company said according to Interfax.

In  February, the company transported 4.2 million tonnes of oil (up 53%), 4 million tonnes of coal (down 13.%), 500,000 tonnes of cement (up 52.6%),  900,000  tonnes  of  construction  materials  (up 82%), 800,000 million  tonnes  of  ore  (up 1.1%0 and 100,000 tonnes of ferrous metals (down 20.6%).

In  comparison  with  February  2008, the company's total transport increased by 490% from 1.9 million tonnes.

OJSC  Freight One is Russia's leading railway transporter. The main founder  and  owner  of  common  shares  in  the company is OJSC Russian Railways (RTS: RZHD) (RZD).

Freight  One was founded in July 2007. The company has operated its cargo fleet  independently  since  November  of  that  year. The company currently runs over 200 cargo units.

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