OREANDA-NEWS. September 5, 2011. Freight One increased its transport to over 176.7 million metric tons from January-July 2011, an increase of 12.9% over the same period of 2010.

This figure includes 62.7 million metric tons of coal (+14.6%), 43.6 million metric tons of oil products (-2.8%), 15.0 million metric tons of ore (+8.6%), 15.6 million metric tons of construction materials (+83.0%), 8.58 million metric tons of cement (+0.15%), 11.9 million metric tons of ferrous metals (+11.7%), 3.0 million metric tons of chemical and mineral fertilizers (+1.3%) and 2.75 million metric tons of coke (15.0%).

In the fiercely competitive environment that has developed because of a surplus of tanks on the oil transport market, the company managed to increase its per-tank productivity by 1.4% during the first 7 months of 2011. On top of this, the company wrote off 2800 worn-out tanks during the period. It should also be noted that, for the period, the company posted a 450% increase in oil transport in its own wagons in the CIS and Baltic countries, to 2.7 million metric tons.

The company attributes the growth to its balanced rate policy. The company’s rates are on average 6% lower than the total cost of using state-owned wagons for the same purposes (Price List 10—1 + fee for using wagons during loading and unloading).