voestalpine & RCG sign long-term agreement
Global technology and industrial goods group continues to rely on the services of Austria's international railway logistics specialists.
The Rail Cargo Group (RCG) has signed a long-term logistics services agreement with voestalpine, thus securing an order for the transport of 8.6 million tonnes of raw materials and finished products per year.
Looking forward to a shared future
The existing agreement, which expired at the end of March, has been renewed and significantly expanded. On 11 April, the two firms, both headquartered in Austria but active internationally, agreed a contract whereby RCG will transport raw materials to voestalpine's sites in Linz and Leoben/Donawitz and carry outgoing transports of finished goods from the Linz plant. A three-year contract has been signed to cover the package of logistics services.
But the relationship is set to extend beyond logistics. As such, RCG will continue to invest in theoptimization of the transport system, including unloading. RCG will collaborate with voestalpine's materials experts on wagon design and construction and on the development of new European industrial standards for the rail sector.
The voestalpine group will continue to draw on RCG's skills and reliability. The new logistics agreement will see the rail logistics specialist shifting greater volumes for voestalpine Rohstoffbeschaffung GmbH and voestalpine's logistics subsidiary Logistik Service GmbH (LogServ), some of which will involve modal shift from road to rail.
About voestalpine group
voestalpine is a global technology and capital goods group, and a leader in its field with a combination of material and processing expertise. With over 500 group companies and locations in more than 50 countries on five continents, the firm has global reach and has been listed on the Vienna stock exchange since 1995. The group's high-quality product and systems solutions using steel and other metals make it a key partner for the European automobile and domestic appliance industries and for the oil and gas industry worldwide. voestalpine is also a world leader in turnout technology and special rails, as well as steel for tools and special profiles. The group turned over 11.1 billion euros in the 2015/16 financial year, achieving an operating result (EBITDA) of 1.6 billion euros. It employs some 48,500 staff worldwide, of whom 14.5 per cent have shares in the company.