Throughput of TransContainer up 0.7% to 352,000 in QI'15
Public Joint Stock Company “TransContainer” announces its preliminary operating results for the first quarter of 2015. In the first quarter of 2015, the Company’s rail container transportation volumes in Russia increased by 0.7% year-on-year to 352 thousand twenty-foot equivalent units (“TEU”), compared to 349 thousand TEU in the same period of 2014. This was mainly due to a 9.2% yearon-year increase in domestic transportation volumes, which offset a 7.0% year-on-year decline in international transportation.
The increase in TransContainer’s domestic transportation volumes was driven by the growth of clients’ demand for transportations in the Company’s own containers amid a lack of shipping lines’ containers in the market, which, in turn, resulted from a drop in container import. Overall growth in the Russian domestic transportation segment was another supporting factor.
In the first quarter of 2015, the Company’s total estimated share in Russia's rail container transportation market increased to 47.8% from 45.3% in the first quarter of 2014. 1 Transportation of clients' containers and own loaded containers TransContainer’s share in the domestic market strengthened from 49.9% in the first quarter of 2014 to 52.7% for the reporting period, while its share in the international transportation market grew from 41.7% to 43.5%.
Incorporated in 2006, TransContainer is Russia’s leading intermodal container transportation and logistics company, providing comprehensive container transportation and freight management services. With almost 64,000 ISO containers and over 26,000 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, the Company owns a network of rail-side container terminals located at 46 railway stations in Russia and operates one terminal Dobra in Slovakia. Through its joint venture with Kazakhstan Railways, TransContainer also operates 19 freight terminals in Kazakhstan, including the Dostyk and Altynkol border crossing with China.
