Operation of rolling stock, or freight rail transportation, is the Group’s core service offering. As of 31 December 2011, a total of 40,550 units of rolling stock, or 85% of the Group’s total fleet, were engaged in freight rail transportation. In 2011 the Group had a total freight rail turnover of 110.6 billion tonnes-km and transported 69.6 million tonnes of freight.
As an owner and lessee of rolling stock, the Group sells freight transportation services to its clients on an unregulated basis. Key clients of Globaltrans include companies from a number of large Russian blue-chip industrial groups and companies active in the oil, metals, mining, coal and other sectors of the Russian economy, including TNK-BP, MMK, Evraz, Lukoil, Mechel, Metalloinvest, Gazpromneft, Rosneft and Severstal.
Globaltrans' market share of overall volume of freight transported in Russia by rail in 2011 amounted to 5.6% with 10.4% in the segment of metallurgical cargoes transportation, 9.9% in oil products and oil and 3.6% in coal.
The majority of the Group’s operating rolling stock is gondola (open top) cars and rail tank cars, accounting for approximately 56% and 43% of the Group’s total fleet, respectively, as of 31 December 2011.
The Group’s extensive transportation network covers major industrial regions in Russia and part of Ukraine.
To learn more on freight rail transportation business of Globaltrans, please click here.
The second major service offered by Globaltrans is railcar leasing. In 2008 the Group significantly expanded its leasing business through the acquisition of stakes in the leasing companies AS Spacecom and AS Spacecom Trans (formely Intopex Trans). Significant expansion of the leasing business enabled the Group to complement its freight rail transportation services with the stable railcar leasing business in the challenging economic environment experienced recently.
As of 31 December 2011 the Group’s fleet engaged in leasing business amounted to 7,030 units or 15% of the Group’s total fleet.
The Group leases out its rolling stock to the transportation markets in Kazakhstan, Belorus and Russia.
Ancillary services
Globaltrans also offers ancillary services, including freight forwarding and other services.
Globaltrans also engaged in rolling stock repair and maintenance business through its subsidiary BaltTransServis (LLC) which owns repair and maintenance depot in Ivanovo (Russia).
