Concor extends 50% rebate in empty box movements till March 2022

NEW DELHI : India’s export-import trade, weighed down by record high ocean shipping rates for containers, will benefit from the extension in rebate period for inland haulage movements.

“In view of the overwhelming response received from trade, the competent authority has approved the extension of reduced rail freight rates for movement of EXIM (export-import) dry and reefer empty containers from various gateway ports to Concor ICDs/private sidings/CRTs by 50 per cent, for a further period from 1 June to 31st March 2022 with same terms and conditions,” the trade notice said.

India’s export-import trade will benefit from the extension in rebate period for inland haulage movements

The ‘Maharatna’ public sector undertaking is India’s biggest rail hauler of containers.

Concor’s move will force other container train operators to offer similar discounts or risk losing customers, trade sources said.

Source : The Hindu Business Line