Issued on 13 Mar 20
RZD Logistics agreed to use containers from CONCOR to develop transportation along the North-South International Transport Corridor.
RZD Logistics JSC, the largest multimodal logistics operator in the CIS and Baltic countries, and Container Corporation of India Limited (CONCOR), the largest container rail operator in India, have signed an agreement in terms of which the Indian company intends to provide its container fleet and equipment for organizing and developing transportation on the North-South international transport corridor.
CONCOR Dmitry Murev, CEO of RZD Logistics, and Sanjay Swarup, Director (International Marketing and Operations) of CONCOR, signed the corresponding document at a ceremony in the New Delhi. In addition to providing containers for use at the North-South international transport corridor, CONCOR will organize local logistics services in India, as well as provide sea freight. RZD Logistics, in turn, will be responsible for organizing freight handling at the multimodal transfer points and container transportation by rail.
«This agreement was a logical continuation of cooperation between RZD Logistics and CONCOR Container Corporation of India. Last year, our companies have already agreed to explore the possibility of developing joint logistics projects at the North-South international transport corridor by signing the corresponding memorandum of understanding. Since then, we have reached an agreement with the Indian side on a number of issues, including the use of CONCOR equipment, which will undoubtedly accelerate our joint work on organizing container transportation at the North-South international transport corridor», – noted Dmitry Murev, CEO of RZD Logistics JSC.