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Russian Transport Daily Report is a unique product devoted to the transport and logistics market of the Russian Federation. It provides the latest daily news on transportation, delivery services, transport services, transport logistics, international freight, investment projects, airport transportation, haulage, international shipping, freight services, express services etc. Every issue has several sections including air, sea, rail, road and logistics, as well as infrastructure and finance. The bulletin has an extended subscriber list including transport companies, shipping companies, carriers, rail operators and many others who are interested in the development of transport and logistics of Russia.

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DVTG Restructures Debt Returning Rolling Stock to Alfa Bank

DVTG/Far Eastern Transport Group managed to restructure the lease-payment debt to Alfa Bank. The rail operator had to return 1300 leased railcars to Alfa Bank and convey 780 own railcars worth 1 billion rubles as well. 2500 fitting platforms are leased from Alfa-Leasing. The company resigned the contracts on the new terms it can serve now. Besides, the company had to contribute a part of its own rolling stock as compensation. On the whole, the company forfeited 1300 railcars after closing the deal. 780 railcars, including 596 flat cars, as well as open-top cars and tank cars were delivered to Alfa-leasing and then leased again with option to purchase at the fixed price. These railcars will be operated by DVTG which can buy them out whenever it wants. (USD1 = RUB29.0156)