Russian Railways May Raise Freight Tariffs 11%

Russia

Russia’s Transport Ministry backed OAO Russian Railways’ plan to increase rail freight tariffs by 10.5% to 11% a year in the next three years.

The increase, which still needs approval by other ministries, is bigger than the previous plan to raise Russia’s railway monopoly freight tariffs by 5.5% in 2013.

Source: http://www.transreporter.com/