FESCO Posts 22% Lift in First-Half Container Volumes Despite Profit Drop
Russian logistics group FESCO expanded container throughput to 377,000 TEU in the first half of 2026, though overall earnings fell sharply.
Russian transport operator FESCO recorded a 22% increase in container volumes during the first half of 2026, even as the group's overall profitability experienced a steep contraction.
The company handled 377,000 TEU over the six-month period, reflecting solid operational growth compared to the 309,000 TEU reported in the corresponding period of the previous year.
The volume uplift was underpinned by higher cargo activity across both international and domestic transport routes, contributing to increased revenue generation across the company's core shipping activities.
FESCO's liner logistics revenue advanced by 8% year-on-year to RUB 83.8 billion (approximately $1.1 billion), though higher turnover was accompanied by a sharp downturn in final profit results for the half.
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