TransContainer announces 1.8-pct increase of transportation volumes to 1.09 mln TEUs in Jan-Sep’14

In January-September 2014, the volume of rail container transportation by the rolling stock of TransContainer OJSC totaled 1,093,000 TEUs (+1.8%, year-on-year), the Company says.

According to the statement, this increase was mainly driven by an improvement in domestic, export and transit transportation volumes, and helped to partly offset a 18.9% year-on-year decline in imports. TransContainer’s estimated share of Russia’s rail container transportation for the first nine months of 2014 decreased to 45.5% compared to 47.4% for the corresponding period of 2013.

For the first nine months of 2014, throughput of the Company’s rail container terminal network in Russia amounted to 994 thousand TEU, representing a year-on-year increase of 1.6%. MDC handling volumes dropped 83.4% year-on-year for the same period.

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. With almost 60,000 ISO containers and over 25,000 flatcars, the company manages its fleet on more than 300,000 routes in Russia and abroad, providing a wide range of reliable and tailored container services. Additionally, TransContainer owns a network of rail-side container terminals located at 46 railway stations in Russia and operates one terminal in Slovakia. Through the joint venture with Kazakhstan Railways, TransContainer also operates 18 freight terminals in Kazakhstan, including the Dostyk border crossing with China.  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.