CONCOR signs MOU with Russian Railways company for joint logistical enhancement

CONCOR and RZD Logistics (RZDL), a Russian Railways company, have agreed to jointly develop multimodal logistics services along INSTC (International North South Transport Corridor) route. The MoU signed between the two purports to explore opportunities in developing joint logistical projects both in India and in Russia, using international transport corridors, to include the International North South Transport Corridor. With the signing of MoU, both companies intend to set up joint enhancement of Indian-Russian logistical cooperation, develop prospective projects related to container transhipment between the countries, design new top-quality logistical services, and aim at further efficiency improvement of the INSTC route.