United Wagon Company to supply Sberbank Leasing with timber transportation cars

PJSC «Research and production corporation «United Wagon Company» («RPC UWC», the Holding or the Company) (MOEX: UWGN), Russia’s largest manufacturer of freight car1, and JSC Sberbank Leasing have signed an agreement on the supply of 50 flat cars for the transportation of timber freight. Delivery is set for October 2019.

The freight cars will join the fleet of the Lesresurs-RusForest group of companies (Irkutsk region), which is engaged in lumber production.

The 13-6852-02 model new generation flat car is designed to transport timber from 3 to 13 meters long. The car's payload capacity is 74 tons, its loading volume is 122 m3, and the loading length is 40 feet, which allows additional transportation of up to 10 m3 of freight compared to standard models. Thanks to the current tariff system for transportation on specialized platforms and the technical characteristics of the car, the average cost of transportation of 1 tonne of freight is reduced in direct proportion to the increase in payload capacity. The operation of such cars reduces the owner's fleet size requirements and increases its turnover, significantly reducing the cost of transportation and expenses on servicing rolling stock.

Over the 4 years since the start of serial production of specialised rolling stock at the TikhvinSpetsMash plant, more than 1,600 flat cars of this model have been commissioned by such timber manufacturing and logging enterprises and transportation companies as Locotrans, TransLes, Company group “Vologodskiye lesopromyshlenniki”, DV Real Trans Group, Luzales, Arkhbum, Sibirsky Krai, VIK, KASTAMONU, Kronospan, Mondi, VTG Rail Russia and others.

1Data sourced from INFOLine-Analytics: https://infoline.spb.ru/news/?news=162724