The Indian Railways came out with a big relief for small and medium businesses today. The railways has decided to slash the haulage rate of containers by 25 per cent which will benefit the small and medium businesses most.
“Ministry of Railways has taken an innovative business decision to give a discount of 25% on extant haulage rate per Twenty Feet Equivalent Unit (TEU) on transport of empty containers as well empty flat container wagons in order to facilitate movement of containers by rail towards ports, thereby leading to higher loading by rail from ports,” said the railways.
The move is expected to enhance the efficient handling of traffic at ports and attract a larger share of container traffic to Railways.
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