Thursday, 12 September 2019

Railways defers 15% freight surcharge, ups number of rakes for auto sector

For the beleaguered auto sector, which is looking to cut costs, the railways has decided to offer more rakes for the transportation of automobiles
freight trains
The railways has deferred its busy season surcharge of 15 per cent on freight and hiked the number of rakes to be provided for the auto sector in a bid to increase freight loading, which is likely to take a hit due to the economic slowdown.
The national transporter on Thursday announced that it was suspending its busy season surcharge of 15 per cent, which is levied between October 1 and June 30, for the current season. “Considering the current economic scenario, to give a boost to the industry and freight, the railways has taken measures to facilitate industry, especially in reducing rail transport cost,” Railway Board Member (Traffic) P S Mishra told reporters. Additionally, a further waiver of 5 per cent will be given on loading mini rakes or smaller parcel size.
For the beleaguered auto sector, which is looking to cut costs, the railways has decided to offer more rakes for the transportation of automobiles. Earlier, it used to provide eight auto rakes, which has now been hiked to 26 and the national transporter has plans to provide as many as 50 rakes to the sector to transport their goods by this year end. “This is being done on the request of the auto sector,” Mishra said…

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