The initiative of creating trade platforms in conditions of free and competitive market should come from market participants – operators of rolling stock

28-04-2016

An offer of Federal Antimonopoly Service (FAS) to create “Commercial infrastructure of the market”, which provides for development of a new trade platform – “wagon stock exchange” for customer’s services realization – again discussed in the professional community of rolling stock operators.

The idea itself is not so new and the main arguments against it is the specific of market and product. Each transportation is an individual service and contains different features that do not allow turning shipment into “an exchange commodity” or a thing of depersonalized trade. The cost of the transportation and the cost of wagon constituent greatly varies due to specialties of the transportation. One more fact should be added to the already known arguments against the idea of “stock exchange”: the initiative of creating trade platforms in conditions of free and competitive market should come from market participants if there is a need, but not from the government – that is what the world practice shows.

At the same time, there is a positive side in FAS initiative: inside the operators community there are no collective IT-decisions that could help to increase the efficiency of operating and quality of offered services. In that case, FAS initiative becomes a reminder for operators about the necessity of doing something and making decisions in that direction.

In the beginning of current year within non-profit partnership “Board of operators’ service market participants”, a Working group for railway operating technologies development has been created.

According to the speech of Working group curator and leader of Eurosib Company D.N. Nikitin, “nowadays, market needs “alive” ideas that allow expenses optimizing to the operators in conditions of low market rates, it also needs cooperative creation of suitable IT-decisions”. At the current moment, the activity of the Group is concentrated on finding solutions that will help operators to provide exchange without any damage to the commercial interests of each. This decision will make it possible to reduce expenses on empty mileage and to develop standards for operators’ interactions. The second line is an establishing of collective IT-decision, allowing optimization of extra pays on technical maintenance of the rolling stock. To date, frequency of required repair works and costs of services have rose up significantly. That fact shows the necessity of taking measures in this direction.

Non-profit partnership “Board of operators’ service market participants” was established in May 2009. Nowadays, it includes 29 companies: international railway transportation operators, intermodal container operators, logistics and leasing companies.