FESCO liquidates Vostochny Express Service CJSC
FESCO liquidates Vostochny Express Service CJSC – forwarding company operating in the port ofVostochny, RZD-Partner reports. The company was liquidated within the framework of business process optimization, as it has not been carrying out any economic activities from 2005.
FESCO Transport Group is created on the basis of Far Eastern Shipping Company - one of the largest and oldest transport companies in Russia, founded in 1880. The strategy of group development is aimed at turning FESCO into an integrated multimodal transportation & logistics company, offering its clients a complete set of services for "door to door" delivery of containers and bulked cargos both on the domestic market and between Russia, Europe and South-East Asia. Today the group comprises Far Eastern Shipping Company; Transgarant (one of Russia’s largest railway operators specializing in transportation of dry bulk cargo); Russkaya Troika CJSC (JV with Russian Railways OJSC, specializing in railway transportation of containers); National Container Company (leader at Russian market of container terminals); partnership project with First Quantum; TIS (covering 30% of Transsib container transportations); Inkotek-Trans-Servis (container transportation in the North-West region of Russia); DalRefTrans (transportation of refrigerated cargo); vast network of agent companies covering Russia, CIS, Asia and Europe.