Rail Cargo Austria in talks with its Chinese cooperator

On the morning of May 17, Mr. Ye Weilong, Vice President of COSCO Shipping Headquarters met with Mr. Erik Regter, Member of the Executive Board of Rail Cargo Austria. The two sides had an extensive dialogue and exchanged their views on the planning of a deepened and broadened collaboration between the two companies.

The meeting was also attended by general managers from the Strategy and Corporate Management Division and Operating Management Division of COSCO Shipping Headquarters, COSCO Shipping Lines, and COSCO Shipping Logistics. The vision of China COSCO Shipping is to undertake the mission of globalising Chinese economy, consolidate advantageous resources, take global shipping, integrated logistics and shipping related financial services as core business, and develop diversified industrial clusters, so as to build a world-leading business entity that provides integrated logistics and supply chain services.

With EUR 2.1 billion turnover annually and about 8,400 employees, the Rail Cargo Group is one of the leading rail freight logistics companies in Europe. Based on the domestic markets of Austria and Hungary the Rail Cargo Group offers customized rail freight logistics solutions and ensures safe and reliable transportation on the environmentally friendly railway between the North Sea, Black Sea and the Mediterranean.

www.cnshipping.com; www.railcargo.com