SCR freight traffic ups by 8.4% in Jan-May

YEREVAN, June 21. /ARKA/. South Caucasian Railway CJSC said the volume of freight it had transported within January-May 2012 amounted to 1243.7 thousand tons, up 8.4% over the same period in 2011.

“In the first five months of 2012 SCR exported 179.3 thousand tons of cargo which is higher from the same period in 2011 by 21.9%,” the source reports.

The company imported 478.3 thousand tons, which is 1.4% lower than in January-May of last year. In local traffic during the reporting period of 2012 586.1 thousand tons of cargo were transported through railway, 13.9% more than in January-May 2011.

According to statistical data, by 7% increased the average weight of a freight train, reaching 1 441 tons against last year's 1347 tons.

It is important that compared with May 2011 in May 2012 the volume of SCR freight traffic increased by 29.9%. The volume of export traffic increased by 22.7%, import -by 44.6%, and local -by 21.7%.

The railway is gradually increasing key performance indexes, including the volume of cargo. 

“We achieved these results thanks to SCR flexible tariff policy aimed at reducing transport costs in the price of the goods transported,” the press release says. 

South Caucasus Railways, a 100-percent subsidiary of Russian Railways, runs Armenian Railway. 

Armenian Railways was handed over to the South Caucasus Railways on February 13, 2008 for 30-year concession management with a right to prolong the management term for other 10 years.-0-