Press Releases

JSC “TransContainer” (“TransContainer”) and FESCO Transportation Group (“FESCO”) welcome the decision of the Federal Tariff Service (“FTS”) of 7 December 2010 which set special tariffs for Russian rail container transportation for 2011. 

This decision specifies that Russian Railways’ tariff for rail container transportation by private rolling stock will increase on average in 2011 by merely 5% from levels set in 2010.

As leaders of the Russian container market, TransContainer and FESCO believe that this decision will improve the competitiveness of rail container transportation in Russia compared to alternative means of transport and will be beneficial for attracting additional container cargo from deep-sea routes into the Russian transportation system.  

TransContainer and FESCO are convinced that FTS’s decision will facilitate further growth in containerisation in the Russian market and will improve Russia’s role as an international transport corridor.

Notes to Editors

JSC “TransContainer” is the leading rail container transportation and integrated logisticscompany in Russia. It operates approximately 25,500 flatcars, approximately 60,000 containers, owns a network of rail-side container terminals located at 46 railway stations in Russia and operates one terminal in Slovakia. TransContainer’s sales network comprises approximately 150 sales outlets across Russia with a range of other outlets across the CIS, Europe and Asia. TransContainer is listed on MICEX, RTS and the LSE. The Company’s major shareholder is Russian Railways with 50%+1 share.

FESCO Transportation Group was established on the basis of the Far Eastern Shipping Company. Currently it is a leading Russian integrated transportation and logistics group providing customers with full range of “door-to-door” cargo deliveries and using its own asset base to ensure quality and reliability of transportation services. The Group owns the sea fleet with total deadweight more than 800 thousand tons, including sea container fleet with capacity of 17,000 TEU. It also operates a diversified railcar fleet comprising more than 17,000 units. The Group’s own container flees comprises about 50,000 TEU. The total capacity of Group’s port terminals is of 250,000 TEU for containers and 7.5 million tons for bulk cargo. The Group offers its services in 15 countries through a sales network comprising 70 outlets located in Russia, CIS, Europe, South-East Asia and North America.