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Railways slashes charges for moving containers

Railways slashes charges for moving containers

The Indian Railways has decided to charge less for moving some categories of containers. After deciding, in November 2012, to raise haulage rates by up to 31 per cent in two installments — in December 1, 2012, and February 1, 2013, the Railway Ministry has now decided to lower the rates by five per cent in two segments — 10-20 tonne cargo in twenty feet equivalent unit (TEU) containers, and 20-40 tonne cargo in forty feet equivalent (FEU) containers.