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RZD Logistics and China Merchants Group agreed on the organization of transit container services

Shanghai, May 18th, 2018 – JSC RZD Logistics, the largest intermodal logistics operator In the CIS and Baltic countries, and China Merchants Group agreed on the joint organization of accelerated container services across the routes: China – the CIS region countries, China – European countries – China. The document was signed in the framework of world’s most authoritative exhibition in the sphere of logistics and transport services transport logistic China 2018 in Shanghai.

According to the achieved agreement, the parties will pursue a strategy on promotion of an accelerated container route on the markets of China, CIS and Europe and also work on the organization of shipments in refrigerated containers, as well as in various rolling stock. RZD Logistics will be responsible for the organization of transit container trains across the territory of Russia, whereas China Merchants will be forming container trains across the routes “stations in China – Russia – terminals in the CIS region” and “stations In China – Russia – terminals in European countries”. During the first stage of cooperation the companies will evaluate the possibility of speedy delivery from China to Moscow and in reverse direction across Zamin Uud/Zabaikalsk and to Kolyadichi and in reverse direction.

“RZD Logistics” intends to significantly increase the volume of its transit shipments, optimize the current time of delivery and develop new intermodal services on the market. In 2017 we organized 44% of all Russian transit and are planning to develop this line of our business. The signed agreement with such a large-scale Chinese partner – one more step to the achievement of our goal on the promotion of high-quality container services in China, CIS region and Europe. The launch of test shipments is scheduled for June 2018”, – said CEO of RZD Logistics Viacheslav Valentik after the signing ceremony.

 

 Note:

JSC RZD Logistics was established on November 19, 2010 as part of the development of the logistics business within Russian Railways (RZD) Holding. The Company provides a range of reliable services such as freight, storage and forwarding of cargos all over the world, optimization of supply chains, complex logistics service for production facilities and container transportation of shot lots. Today RZD Logistics has 33 branches and branch offices in Russia, and 5 subsidiaries and joint ventures abroad. 1000 employees are working for the Company.

 

Source: RZD Logistics
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