Estonian state-owned rail freight operator EVR Cargo announced that it began operating under the Operail brand. The decision to change the company’s name and visual identity were driven by the need to better reflect the nature of an international market-oriented logistics and transport company.
“Freight transport was an essential part of EVR Cargo’s identity, but has not been our only business direction for quite some time,” said Operail CEO Raul Toomsalu. “Operail is constantly developing its three rail-based business directions: haulage, rolling stock rental, and rolling stock maintenance and modernisation. We are evolving into an internationally acclaimed logistics and transport company, and we are on the lookout for new growth opportunities.
According to Chairman of the Supervisory Board of Operail Kuldar Leis, Operail is set to be profitable for the first time in several years, and has been earning a current profit of EUR 2 million, according to the data for the first four months of 2018.
“Operail’s goal is to become the preferred partner on both the North-South and East-West route. “This means that the company’s goal moving forward is to grow as a service provider from the 1520mm gauge to also providing services on the 1435mm European gauge”, Leis explained.