In Q1 2018, United Transport and Logistics company – Eurasian Railway Alliance JSC (UTLC ERA JSC) registered a 30 per cent y-o-y increase in transport volumes, representing 40,300 TEUs.
The cargo volume on Europe/China destination came to 16,000 TEUs, and in the opposite destination, 24,100 TEUs. It is noteworthy that the increment in the Europe/ China destination came to 43%, and in the opposite destination, 27 per cent.
“We continue to scale up the transport volumes and leverage the new opportunities in the company’s transport geography expansion. The new routes via the border passages in the Kaliningrad Region show very good technological parameters and greatly expand the throughput of Eurasian railway corridors, Alexey Grom, UTLC ERA President said.
The newly established company, UTLC ERA, is the full-fledged legal successor of ULTC JSC. The company’s authorized capital is divided between Russian Railways OJSC, Belarusian Railways GO and Kazakhstan temir zholy NK JSC (a 33.33% stake to each) in equal shares.