Vladimir Yakunin summarises Companys October 2011 performance during conference call
On 9 November 2011, Vladimir Yakunin, President of Russian Railways, conducted a conference call during which he outlined the Company’s performance in October 2011.
"The average daily shipping volume in October 2011 was 3,543,000 tons, an increase of 2.8% over the same month last year. All in all, we met our plans for freight across the whole Russian rail network," said Vladimir Yakunin.
According to Yakunin, over the last 10 months coal shipments showed a rapid increase of 2.7% and exceeded 243 million tons. In October, the average daily volume of coal loaded increased by 9% compared to September, and on West-Siberian Railways rose by 7.2%, exceeding the 7,700 cars a day which corresponds to the maximum amount of coal shipped out of the Kuzbass region. Reserves of fuel supplies in October amounted to 170%, an increase of 9.3 million tons.
"To address the issue of transporting grain, Russian Railways and Russia’s Ministry of Agriculture signed a cooperation agreement in October to develop grain shipments on domestic and export routes. Under the agreement, the parties plan to begin larger grain cargoes and expedite their dispatch and processing at unloading points," said Vladimir Yakunin.
The President of Russian Railways also set the Company’s top managers the task of ensuring the export of the necessary volumes of socially important food products, construction materials and fuel and energy.
Vladimir Yakunin also reported on the Company’s performance on the passenger side between January and October 2011.
During the 10 months of the year so far, passenger turnover on the Company’s infrastructure amounted to 119.3 billion passenger-kilometres, an increase of 0.3% compared to last year. A total of 827 million passengers travelled on all services, 4.5% more than in 2010.
"Passenger services have to be totally ready to cope with high demand. In the run up to the New Year, passenger numbers exceed even the level during the summer high season and a lot of extra passenger trains will have to be laid on," said Vladimir Yakunin.
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