The Helsinki-based company is targeting industrial and retail customers who normally move the 45-foot pallet-wide high-cube containers by road and has plans to upgrade the service to four times weekly by the end of 2008.
The first train will depart from Liepaja on Sept. 22, arriving in Moscow two days later without stopping at the Latvia/Russia border. The trains will link with Containerships’ North Europe short-sea services linking Liepaja to Teesport, Tilbury, Helsinki, Rotterdam and Hamburg.
“It not only is an environmentally friendly solution to the growing problem of border congestion, but also allows both Latvia and Russia to gain revenue from overland freight that so far has needed investment in road and border control points,” said Sigurjon Markusson, Containerships’ managing director.
“This rail service will give shippers a reliable route right to the heart of the booming Russian economy,” he added.
Containerships, 65 percent owned by Icelandic firm Eimskip, was recently linked as a takeover target of Russia’s FESCO Group, something the company strongly denied.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now