Freight One exits the small cubic capacity box cars segment
Freight One’s Board of Directors backed a decision for the company’s exit from small cubic capacity box cars segment.
The company intends to sell 4,562 box cars (capacity 120-122 cu m).
The decision was made due to the fact that it is impossible to plan activities in this segment and carry out company’s responsibilities to its clients given the ever increasing number of cases when of company’s wagons being expropriated to carry out government traffic.
Management was given one month to carry out the decision.