6.6 C
London
Tuesday, May 7, 2024

Russia’s Freight One sees haulage increase of 45%

Listen to this article

Freight One has hauled more than 830,000 metric tons of ferrous metals from smelters in Sverdlovsk region and Perm territory.

The haulage increased by 45% in the first half of the year in comparison to last year.

Nizhnetagil Smelter showed the greatest increase at 70% when compared to 2010.

The factors contributing to growth include a ‘favorable market situation abroad, higher domestic demand and the fact that the company accounted for a higher percentage of the haulage from the smelter than before’, the freight company said.

Freight One hauled a total of 10.2 million metric tons of ferrous metals in the rest of  Russia in the first half of the year, an increase of 15.7%.

Freight One owns over 200,000 units of rolling stock of different types and 21% of the total fleet in Russia.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Rail News

One Big Circle achieves prestigious King’s Award for Enterprise for Innovation

One Big Circle is one of 252 organisations nationally to be recognised with a prestigious King’s Award for Enterprise....

More like this...