FESCO and Swiss InterRail Holding are to develop joint services on route China-Russia-Europe

19 April 2018

Within the framework of exhibition TransRussia/TransLogistica on April 18th, 2018 FESCO Transportation Group (“FESCO”) and Swiss InterRail Holding AG signed an agreement of intent. The parties agreed to cooperate in the field of development of joint transportation services in corridors China-Russia-Europe and back, as well as Europe-Russia.

FESCO and Swiss InterRail Holding are to develop joint services on route China-Russia-Europe

The signed agreement is focused on attracting freight to inland routes located between China and Europe, as well as Europe and Russia. In the near future, the parties intend to determine the priority directions for launching the first joint block train on these routes, as well as within Russia. FESCO and InterRail expect that implementation of joint projects will contribute to development of economic potential of regions of the European Union and the Russian Federation and to strengthening of Russian-European relations.

“FESCO is interested in further increase of volumes of freight transportations on inland corridors passing through the territory of Russia. Cooperation with InterRail opens up an opportunity for us to build the most effective chain of delivery of goods on this route, including by aligning the volumes of oncoming traffic and ensuring optimal balance of the rolling stock”, Alexander Isurin, President of FESCO noted.

“InterRail Holding is interested in developing its transportation services and increasing freight throughput in Europe, as well as increasing transit freight throughput among Russia, Europe and China. We look forward to a mutually beneficial partnership with FESCO, which will ensure reliable and timely delivery of goods of our customers in Europe, Russia and China”, Hans Reinhard, Chairman of the Board of Directors of InterRail Holding AG said.