Our investment program is focused on the development of our asset base to build volumes and efficiency within our operations.
We have plans to expand and modernise our fleet by replacing the outdated 40ft and 60ft flatcars with 80ft flatcars, which are well-suited for transporting light-weight cargo in 40ft containers on import and transit routes.
Our focus on 80ft flatcars is also aimed at improving the efficiency of our operations, as they have lower operating and maintenance costs , and thus creating an optimal fleet structure.
We are constantly monitoring our fleet requirements and make purchase decisions based on a comprehensive assessment of the projected demand for our, expected supply and demand for flatcars, as well as flatcar prices and their anticipated dynamics.
To ensure our container fleet is in line with our flatcar fleet and to meet the demand structure we acquire new containers to replace aging ISO containers.
Currently, we acquire primarily 40ft containers, because they are well-suited for transporting light-weight cargo used in import container transportation and it is relatively easy to acquire new containers in response to an increase in demand from our customers.
We are also investing in our terminal network by expanding and maintaining, aimed at increasing throughput capacity by extending the length of loading fronts, redesigning loading operations, converting storage space used for MDCs to ISO container storage and implementing advanced container handling technologies.
One of them, Zabaikalsk, has already been modernised. The other terminals under modernisation are those located in important route junctions and on the main container transportation corridor running between east and west. Among them, Bazaikha (in the city of Krasnoyarsk, Central Siberia), Kleschikha (in the city of Novosibirsk, Eastern Siberia), Sverdlovsk-Tovarnaya (in the city of Yekaterinburg, the Urals) and Kostarikha (in the city of Nizhniy Novgorod, Central Russia).