Freight One Production Report for Year Ended 31 December 2011
OREANDA-NEWS. February 09, 2012. In 2011, Freight One (part of UCL Rail) shipped more than 284 mln tonnes of various cargos which is 0.5% more than the result of 2010.
Among main freight groups the volume of stone coal transportation amounted to 94 mln tonnes, of oil and oil products - 68 mln tonnes, of ore - 24 mln tonnes, of ferrous metals - 18 mln tonnes, of cement - 15 mln tonnes, of chemical and mineral fertilizers - 5 mln tonnes.
The most significant growth was demonstrated by the following cargo groups: transportation of construction materials increased by 1.8 times (more than 30 mln tonnes), timber freight - by 2.7 times (about 4 mln tonnes), metal products freight - by 3.4 times (about 342 thousand tonnes).
Last year the Freight One share in the total volume of transportation along the Russian railway network fell from 21.1% (without taking into account the Rusagrotrans share) to 20.5%. This is to do with the taking out of Freight One operation of 46 thousand gondola cars, leased from Freight Two. Freight One intends to compensate for the car fleet reduction before 2020 by means of purchasing new wagons and consolidating the fleets of other operators - rolling stock owners.
In 2011, Freight One acquired 7.5 thousand pieces of rolling stock of various types, including 6.2 thousand gondola cars. The process of continuous wagon fleet renewal allowed the company to increase the number of working fleet wagons by 2.2% and to reduce the number of wagons under repair by 12%.
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Freight One is the largest rail freight operator in Russia. The Company provides a full range of services for freight transportation. Freight One owns around 190 thousand pieces of rolling stock, including gondola cars, tank cars, flat cars and wagons of other types. The Company's regional network is represented by subsidiaries in 14 cities of Russia, and the international network - in Ukraine and by a joint venture in Finland. The Company's share of the Russian freight shipment volume exceeds 20%.
Freight One is a part of UCL Rail - a railroad division of the Universal Cargo Logistics Holding (UCL Holding) - an international transportation group. The Group unites several major railway operators with the affiliated network all over the territory of Russia, stevedoring companies in the North-West and the South of the country, as well as Volga Shipping, North-West Shipping and the Western Shipping companies and a number of other shipping and logistic assets.
Independent Transport Company (NTK, owns 75% minus 2 shares of Freight One), NTK-Wagon as well as the wagon repair roundhouse Gryazi - a joint venture with Russian Railways, - are also parts of UCL Rail. UCL Rail owns the fleet of over 218 thousand of freight rail cars, including 100 thousand gondola cars and about 70 thousand tank cars.
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