P&O Ferrymasters in eastern European expansion agreement

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P&O Ferrymasters has signed a cooperation agreement with Moscow-based Sovtransavto, a holding group for some 20 transport and logistics companies involved in international and domestic trades.

As part of its east European expansion strategy, P&O Ferrymasters intends to co-operate on road and multimodal services including trade lanes from western Europe to Russia and various logistics initiatives.

Sovtransavto was established more than 40 years ago and consolidates the resources of group companies to provide end-to-end supply chain solutions. The group now consist of ten logistics companies, 12 haulage operators including a specialist container haulier and four cargo terminals.

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