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Freight activity of South Caucasus Railway up 10.5% for H1/2012

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  • Freight activity of South Caucasus Railway up 10.5% for H1/2012

    Freight activity of South Caucasus Railway up 10.5% for first half of 2012

    arminfo
    Friday, July 27, 13:48

    Freight of the South Caucasus Railway CJSC was up 10.5% for first
    half of 2012 versus the same period of 2011 to 1584.5 thousand tons.

    In the first six months of 2012 SCR transported 216.0 thousand tons of
    cargo in export, which exceeds the first half of 2011 by 11.1%.

    The volume of cargo in import traffic was 598.8 thousand tons, up 2.6%
    over January- June last year. In local traffic during the reporting
    period of 2012 the railway transported 769.7 thousand tons of cargo,
    which is 17.3 higher than in the first half of 2011.

    It should be noted that in January-June this year the average weight
    of a freight train increased by 5.7%, reaching 1 432 tons against last
    year's 1355 tons.
    In addition, in June 2012 the volume of freight traffic increased by
    18.7%. Only during the month SCR transported 340.8 thousand tons of
    cargo, including 120.5 thousand tons in import, 36.7 thousand tons in
    export and 183.6 thousand tons in local traffic.

    The railway is gradually building up 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.

    South Caucasian Railway CJSC is the subsidiary (100%) of the Russian
    Railways CJSC. The contract of concession of the Armenian Railroad
    CJSC for 30 years with a 10-year renewable period was signed in
    Yerevan on February 13 2008.

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