Azerbaijan and Austria will jointly develop rail freight transportation
ADY Container LLC (Azerbaijan) and Austrian Rail Cargo (Austria) signed a memorandum of understanding.
It is reported by the railway magazine Railway Supply.
The delegation led by Javid Gurbanov, head of the Azerbaijan Railways, who is on a working visit to Austria, met with the head of the Austrian Federal Railways, Andreas Matte.
During the visit, a memorandum of understanding was signed between ADY Container LLC (subsidiary of Azerbaijan Railways) and Austrian Rail Cargo (part of Austrian Railways).
The meeting discussed the strengthening of joint efforts to more effectively use the Trans-Caspian international transport route, increase the volume of multimodal rail cargo in the direction of China-Europe-China and Central Asia-Europe-Central Asia.
“The parties will work together to ensure uninterrupted and fast delivery of multimodal rail cargo from Europe via the Baku-Tbilisi-Kars railway, as well as cargo from the Romanian port of Constanta to the Georgian port of Poti, and then to Central Asia and China. In this context, ADY Container, together with the Georgian companies GR Logistics and KTZ Express, with the support of ASCO, is launching container freight transportation between the ports of Poti and Constanta on the Trans-Caspian International Transport Route.
Strengthening joint activities and partnerships in these areas was also the focus of separate bilateral meetings between representatives of Azerbaijan Railways and representatives of leading European freight companies: Rail Cargo, Metrans and Bahnoperator.
Now many international companies are looking for logistics corridors bypassing the Russian Federation due to its invasion of the territory of Ukraine, so the Trans-Caspian International Transport Route is of increasing interest to shippers.
Recall that European companies are switching to the route from China to the EU, bypassing the Russian Federation. He is showing growth. In addition, due to the aggression of the Russian Federation, large automakers are also rebuilding logistics.
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