Railways announces 5% discount to container train operators

The Indian Railways has announced a discount of five per cent in the freight rates to the Container Train Operators (CTOs) to attract more containers to the rail mode. The discount will be valid till April 30 next year. Indian Railways has taken this step to get more freight at a time when the country is facing lower demand throughout the pandemic. The move, however, does not satiate the private container train operators (CTOs), who had wanted to waive off of entire haulage charges on movement of empty containers. The Association of Container Train Operators (ACTO) had sought continuation of waiving off-of haulage charges for moving empty boxes. This discount also aims to lower the logistics cost.