September 30 - Developer and operator of the UAE's national railway network, Etihad Rail, and USA based provider of on-demand air charter services National Air Cargo, have signed a memorandum of understanding (MoU) that will see the latter incorporate rai
Dr. Nasser Al Mansoori, ceo of Etihad Rail, and Jacob Mathew, president - Asia and board member of National Air Cargo, signed the MoU.
Commenting on the agreement, Al Mansoori stated: "Etihad Rail aims to provide UAE businesses with customised rail transport solutions that are cost effective and efficient, ultimately simulating economic growth. The MoU with National Air Cargo will enable businesses to meet the needs of this changing market, allowing them to remain competitive through tailored freight solutions and to take advantage of the benefits of that rail offers."
Mathew added: The agreement with Etihad Rail is not only aligned with our growth strategy for the region, but it also allows us to contribute to the burgeoning logistics industry in the UAE."
Upon completion, the Etihad Rail network, which will cater to both freight and passengers, will span approximately 1,200 km across the Emirates.