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Chennai Port announces sops to encourage Rail Movement

Date 17-Mar-2016
Subject Chennai Port announces sops to encourage Rail Movement


CHENNAI : In order to ease the congestion on road and to increase the rail share in Chennai - Bengaluru sector, Chennai Port has announced new measures to encourage the trade to opt for rail-bound movement.

According to a media statement, the port has decided not to charge haulage charges of Rs. 125/- per TEU and THC charges of Rs. 22.97 per Ton for three months on trial basis. Endorsing the Chennai Port's decision, CONCOR, in line with its growth projection, has decided to extend the benefit to the trade by not levying the above charges for rakes operated by CONCOR between Chennai and Bangalore, for a period of three months, with effect from March 18.

It is worth mentioning that the customer would save an amount of Rs. 620/- per TEU and Rs. 780/- per FEU approximately with an average gross weight of 20 metric tons. In a statement, CONCOR has requested the trade to make note of the trade-supporting measures, as it would be a sizeable reduction in their transaction cost.

It may also be noted that CONCOR, which is already running daily rail services connecting ICD-Whitefield, Bengaluru, from Chennai Port, is geared up to run more services to meet the additional demand.

Source: Dailyshippingtimes.com

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