Freight One
The Freight One is a railway business formed in Russia during reforms by Russian Railways. Freight One owns over 200,000 units of rolling stock of different types, 21% of the total fleet in Russia, and it shipped over 100 million tons of freight in 2008 it is Russia's largest rail transport operator.
Freight One has implemented simplified tariffs and standardised freight contracts. A joint venture was planned with VR to handle rail freight between Russia and Finland; further expansion is planned in Europe.
Freight One recently pioneered a new system that microwaves tank wagons to help extract heavy oil residues.
In August 2012, Freight One sold 10,000 tank wagons to Transoil.
In August 2011, Russian Railways announced plans to auction approximately 75% of shares in Freight One. It began divesting of Freight One in 2011, selling a 75% stake in the company to UCLH which bid 50bn roubles for the remaining 25% in October 2012.
