Etihad Rail has signed a MoU with Transworld Logistics that will give the logistics company access to a new mode of transport
Etihad Rail is the developer and operator of the UAE?s national railway network. Under the agreement, the company will allow Transworld Logistics, a multi-faceted shipping and logistics company, to use its railway network for the latter?s shipping business.
Transworld Logistics, a part of the UAE-based global conglomerate Transworld Group, will benefit from a new and economical mode of transport that will help it to deliver a reliable, high volume service across rail and shipping networks.
Faris Saif Al Mazrouei, CEO of Etihad Rail, said, ?In addition to their warehousing and logistics offerings, the Transworld Group also represents other organisations alongside Transworld Logistics, these are Orient Express Lines and Balaji Shipping Lines. The collaboration between Etihad Rail and Transworld Logistics highlights the importance of rail as a vital component of multi-modal transport in the Middle East.?
Commenting on the deal, Mannan Balasubramanian, general manager of Transworld Logistics said, ?Once operational, the Etihad Rail network will transport large volumes of goods in an economical, safe and efficient manner, transforming the freight industry across the UAE. Etihad Rail will also provide an environmentally friendly method of transport, which is always a key consideration for us. We are confident that our partnership with Etihad Rail will create an even more effective goods transport service across the Middle East.?
The Etihad Rail network will span approximately 1,200 km across the UAE, providing both freight and passenger services. The network will also form a vital part of the GCC Railway Network, linking the UAE to Saudi Arabia through Ghweifat in the west and Oman through Al Ain in the east.