From February 1, 2013 JSC “Georgian Railway” increases tariff rates for shipping for 20-foot containers by 3.5% and canceled the discount factor 0.82 for 40-foot containers.
In order to reduce cost pressures on shippers in February South Caucasus Railway restrained the growth rates for freight on its own resources. However, guided by the Agreement on the organization of the international rail container transport and due to the arrangement with the Georgian Railway from March 1, 2013 the new interest rates are also entered in the territory of Armenia.
Thus, the rate for a 40-foot loaded container will count to 0.96 dollars per ton-km (instead of 0.78), and for an empty container 0.48 (instead of 0.39). For loaded and empty 20-foot containers tariff will respectively be 0.56 and 0.28, instead of 0.54 and 0.27.
Note that SCR has followed a policy of containing freight tariffs for the last 3 years and the rate was increased only from January 1, 2013.
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