Baltic States – CIS, Cargo, Cooperation, Latvia, Logistics, Railways, Russia, Transport

Under a memorandum signed in Moscow by LDz president Edvins Berzins and Freight One CEO Alexander Sapronov, the two companies intend to develop cooperation in transport and logistics.

The document provides for mutual cooperation on enhancing freight shipping operations and ensuring a more efficient use of Freight One's rolling stock by cutting idle-standing and transportation of empty containers. Cooperation is also being planned on the implementation of the Russian company's client service quality program.

To increase freight transportation, the companies will cooperate by introducing new technologies in the operation of freight cars and freight reloading.

"The signing of the memorandum with our Latvian partners will allow us to manage the legal, technological and financial issues of international freight shipping much more efficiently. The step will strengthen Freight One's position in the Baltic region and help increase freight shipping, as well as improve the quality of services provided to freight shippers in Russia, other CIS countries and European states," said Sapronov.

Berzins said that developing cooperation with long-standing partners in highly important, especially since global developments are increasing competition also on the transport market.

Latvijas Dzelzcels is a state-owned company, involved in freight transportation by rail and the maintenance of infrastructure. The group consists of parent company Latvijas Dzelzcels and several subsidiaries: LatRailNet, LDz Cargo, LDz Cargo Logistika, LDz Infrastruktura, LDz Ritosa Sastava Serviss and LDz Apsardze.