Transportation Assets Management and Russian Railways sign agreement on strategic cooperation
29 October 2019
At the “PRO//Motion.1520” International Transport and Logistics Forum held in Sochi on October 29, Transportation Assets Management LLC (TAM LLC) and Russian Railways JSC signed an agreement on strategic cooperation in development of optimal transport and logistics solutions for the port/railway connection.
The document signed by Igor Fedorov, General Director of TAM, and Oleg Belozerov, Russian Railways CEO and Chairman of the Board, is to contribute to further strengthening of the companies’ partnership in development of railway infrastructure at the approaches to the ports.
Interaction under the agreement will be focused on the development of optimal transport and logistics solutions for the port/railway connection through introduction of advanced logistics technologies and practices.
The expansion of the port and railway infrastructure capacity will be driven by joint efforts of the companies on finding the ways to optimize operation of port stations, enhance efficiency of freight logistics, build up transportation of containers with transshipment in sea and dry ports. The cooperation also foresees arrangements for electronic data exchange including introduction of ‘e-transportation’ and ‘smart-contract’ technologies.
Transportation Assets Management LLC runs stevedore assets in the South of Russia (Taganrog Sea Commercial Port and Tuapse Sea Commercial Port) and in the North-West of the country (Sea Port of Saint-Petersburg, Container Terminal of Saint-Petersburg, Multipurpose Reloading Complex) as well as assets of shipping, shipbuilding and logistics companies.