FESCO and Shangtex Group International Logistics have agreed to cooperate in developing transport and logistics links between Russia and China.
A memorandum to this effect was signed by Andrey Severilov, Chairman of FESCO Board of directors, and Xu Feng, CEO of Shangtex Group International Logistics.
The parties intend to jointly develop regular railway shipment of project and chemical cargo (including IMO cargo), fertilizers in ISO, reefer and tank containers in the framework of One Belt, One Road initiative.
Photo: courtesy of FESCO