English Arabic Armenian Azerbaijani Chinese (Simplified) Chinese (Traditional) Czech Danish Dutch Estonian Filipino Finnish French Galician Georgian German Greek Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malay Maltese Norwegian Persian Polish Portuguese Russian Slovak Slovenian Spanish Swedish Thai Turkish Ukrainian Vietnamese

Ruscon reports Russian results rise

PRESS RELEASE

June 11, 2015: Intermodal operator Ruscon has increased its market share in Russia, maintaining a strong position in a country which has seen imports fall by 20% in the last 12 months. In the first quarter of 2015, Ruscon handled 32,250 laden containers compared to 28,497 in the same period last year. An increase of 13%.

Vladimir Bychkov, CEO of GCS, Ruscon's parent company, says that handling a higher than average volume of import goods also benefits its ability to handle export business.
"Imports have fallen but export demand has grown since the devaluation of the rouble and the fall in oil prices. So there is a shortage of empty containers for exports. Our strong position in the import market means we are able to access empty containers more easily and so build our market share" says Mr Bychkov.

Ruscon performed particularly well in handling containers arriving at Russian Pacific ports, despite overall volumes at Vladivostok and Vostochniy falling by 20%. "We almost tripled our volumes on the Pacific route as a result of launching our own weekly, fixed day blocks train between Moscow and Vostochniy in the second half of 2014," says Mr Bychkov.

The majority of Ruscon's business is handled through the Black Sea Port of Novorossiysk. Total container volumes through the port fell by 14.5%, but Ruscon increased its business to 22,989 containers compared with 20,403 in Q1 2014.

The Port of St Petersburg saw the greatest decline overall in the quarter, falling 28.6 percent, largely as a result of collapsed oil prices as well as economic sanctions imposed by the European Union and the United States. In spite of this, Ruscon managed to increase its business slightly, handling 7,635 containers compared with 7,526 in Q1 2014.

Mr Bychkov attributes Ruscon's success to a well balanced structure of customers, with nearly equal proportions of export and imports, as well as to strong relationships with the major customers and carriers. "We offer cost-efficient and reliable services in the key gateways of Russia, as well as holding a strong position in the main segments of both Russian imports (retail, foods, electronics, automotive) and exports (wood & paper, agribulks and chemicals)."

GCS belongs to one of Russia's largest transport holding companies, Delo, which also owns several terminal assets in the port of Novorossiysk. The GCS Group consists of seven companies in various fields of container shipping including agency, logistics and terminal operations. It is active in all of the major container ports and provinces of Russia, as well as in neighbouring CIS countries and overseas. Ruscon is the multimodal subsidiary of GCS.

More News

Written on 21/02/2018, 16:59
saudia-cargo-eyes-india-market-growthMUMBAI: February 21, 2018. Saudia Cargo executive director Commercial Rainer Muller said his attendance at Air Cargo India in Mumbai this week provided an...
Written on 20/02/2018, 16:14
first-of-four-b777s-delivered-to-ukraine-international-airlinesKIEV: February 20, 2018. Ukraine International Airlines (UIA) has taken delivery of its first B777-200 aircraft from lessor AerCap to replace B767-300s on...
Written on 19/02/2018, 22:11
southwest-to-launch-international-air-cargo-servicesLOVE FIELD, TX: February 19, 2018. Southwest Airlines is to begin international airfreight services in May to Mexico City, Cancun, Cabo San Lucas/Los...
Written on 19/02/2018, 16:40
freightweek-news-update-week-08PARIS: February 21, 2018. The French Interparfums company that owns the Lanvin and Rochas brands and licenses Montblanc, Jimmy Choo, Coach, Boucheron and...
Written on 18/02/2018, 00:45
air-france-klm-keep-a-hand-in-shaping-the-gameAMSTELVEEN/PARIS: February 16, 2018. The Air France KLM Group has reported a 6.8 percent rise in Q4 2017 cargo revenue to €583 million and €2.087 billion...
Written on 16/02/2018, 21:46
swiss-tv-goes-live-in-south-korea-with-natcoZURICH/ PYEONGCHANG, South Korea: February 16, 2018. Project logistics specialist Natco AG, part of the British TransGlobal Group, has delivered all the...
Written on 15/02/2018, 18:15
ryder-opens-u-s-mexico-border-facilityMIAMI: February 14, 2018. Ryder System has opened a 109,000 sq.ft. logistics facility in Laredo, Texas to support cross-border shipments between the U.S....
Written on 15/02/2018, 16:44
miami-airport-gets-ftz-statusMIAMI: February 15, 2018. The U.S. Department of Commerce has designated Miami International Airport's entire 3,230-acre land parcel as a Foreign Trade...
Written on 14/02/2018, 16:57
jd-com-delivery-for-valentine-s-dayBEIJING: February 14, 2018. China retailer JD.com is selling 18.6 percent of its subsidiary JD Logistics for an estimated US$2.5 billion. The investors...
Written on 13/02/2018, 21:22
delta-cargo-adds-gps-tracking-to-equation-express-productATLANTA: February 13, 2018. Delta Cargo has launched 'Equation Critical', a new service with GPS-tracking for next-flight-out international shipments with...
Written on 13/02/2018, 20:14
valentine-s-day-still-a-growing-demandAALSMEER, The Netherlands: February 13, 2018. Valentine's Day, made official by Pope Gelasius in the fifth century to distract Roman Catholics from a more...
Written on 12/02/2018, 21:16
profit-surge-from-e-commerce-for-aramexDUBAI: February 12, 2018. Logistics provider Aramex has reported a nine percent increase in 2017 revenues to AED4.72 billion and a 14 percent year-on-year...
Written on 12/02/2018, 20:34
more-capacity-sharing-for-heavylift-and-project-cargoHAMBURG/ROTTERDAM: February 12, 2018. RollDock and SAL Heavy Lift are to launch a capacity pool for Roll-On/Roll-Off and Float-In/Float-Out project and...
Written on 11/02/2018, 19:37
g-w-invests-in-cargomaticDARIEN, CT: February 08, 2018. Railroad company Genesee & Wyoming has invested in Cargomatic, a technology platform connecting shippers and truck...
Written on 09/02/2018, 16:07
delta-cargo-expands-pharma-4-serviceATLANTA: February 9, 2018. Delta Cargo has added eight new destinations to its Pharma 4 program for temperature-sensitive shipments including Bogota, Hong...
Written on 08/02/2018, 19:20
ups-adds-midday-express-freight-deliveryATLANTA: February 08, 2018. UPS has added a midday service to its Worldwide Express Freight (WEF) product, offering a delivery time of 12 p.m. or 2 p.m....
Written on 08/02/2018, 14:39
evergreen-orders-eight-11-000-teu-containershipsTAIPEI: February 08, 2018. Evergreen Marine Corporation (EMC) has ordered eight 11,000 TEU containerships from Samsung Heavy Industries (SHI) for delivery...
Written on 07/02/2018, 22:05
emirates-skycargo-to-begin-daily-maastricht-flightDUBAI: February 06, 2018. Emirates SkyCargo has added Maastricht to its scheduled freighter network with an initial two B777 freighter flights a week from...
Written on 07/02/2018, 17:19
heavylift-bucket-delivered-to-angolaANTWERP: February 07, 2018. Heavylift and project cargo specialist Manora Logistics has recently completed the delivery of equipment to the mine and iron...
Written on 07/02/2018, 16:21
vallair-orders-10-a321-freighter-conversions-from-efwSINGAPORE: February 07, 2018. Elbe Flugzeugwerke (EFW), the aircraft conversion joint venture of ST Aerospace and Airbus, is to convert 10 A321 passenger...

- powered by Quickchilli.com -