Throughput of TransContainer up 1.9% to 349,000 TEUs in QI'14

In January-March 2014, rail container transportation volumes of TransContainer increased by 1.9% to 349 thousand twenty-foot equivalent units (“TEU”), compared to 342 thousand TEU in the corresponding period of 2013, the company says. This was mainly due to a 41% growth in transit transportation volumes and 10% growth in export transportation, which was largely offset by a 16.8% decrease in international  transportation. A decrease in the Company’s import transportation primarily resulted from the negative impact of the weaker rouble on container imports.

TransContainer OJSC operates as a subsidiary of Russian Railways OJSC from July 2006. The company owns 46 terminals in Russia’s major freight centres, with its branches covering the entire Russian railway network. The company’s major shareholder is Russian Railways with 50% +2 shares. FESCO holds 23.7%, European Bank for Reconstruction and Development 9.25%, Transfingroup CJSC 5.1%.  In 2013, container transportation by the rolling stock of TransContainer OJSC declined by 2% to 1.45 mln TEUs.