Volumes transported by TransContainer’s flatcars and containers grew by 5.1% Y-o-Y to 1.38 million TEUs
TransContainer has announced its preliminary operating results for the nine months of 2018.
In the reporting period, container volumes transported by the TransContainer’s flatcars and containers grew by 5.1% year-on-year to 1,384 thousand TEU.
According to the Company’s statement, the positive operating results were mainly driven by the continuing growth of the Russian container transportation market, reflecting strong international freight flow dynamics and positive macroeconomic trends.
For the nine months of 2018, the Company’s container terminal throughput was down 1.3% and amounted to 949 thousand TEU compared to 961 thousand TEU for the nine months of 2017.
TransContainer is the leading intermodal container transportation company in Russia with a market share of approximately 43%. It is the market leader in Russia by flatcar fleet size, container transportation by rail and rail-side container terminal throughput. As at 30 June 2018, it owned and leased 25,405 flatcars and 67,909 ISO containers. TransContainer also owns a network of rail-side container terminals, located at 40 railway stations across Russia and operates one terminal in Slovakia under a long-term lease agreement. The Company's joint venture JSC Kedentransservice also operates 19 inland rail-side terminals in Kazakhstan. The Company's sales network comprises of 101 sales outlets in Russia, along with additional outlets across the CIS, Europe and Asia. TransContainer is listed at Moscow Exchange and LSE. The Company's major shareholder with 50% +2 shares is United Transportation and Logistics Company, established by Russian Railways, Belorussian Railway and Kazakhstan Temir Zholy.