NewsHard-hit Russian Railways hikes prices to help pay for new locos

November 18, 2024by 0

Russian Railways (RZD) will impose a near-14% tariff hike next month in a bid to offset significant investments over the coming years, including new locomotives.
The state-backed rail operator will raise tariffs by 13.8% from 1 December, and there are reports it will also up its container rates by 5% next year, with rates in Belarus set to rise by the same percentage.
The news comes at an awkward time for Russian …

The post Hard-hit Russian Railways hikes prices to help pay for new locos appeared first on The Loadstar.

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