As a further step towards ensuring sufficient availability of empty containers to the trade to cater their export commitments and mitigate the imbalance of import-export in trade, Container Corporation of India Ltd. (CONCOR) is pleased to introduce the following volume-based rebate on rail freight for repositioning of empty containers from various Gateway Ports/Portside CFSs to various hinterland terminals w.e.f. 01.09.2021 to 31.03.2022:
- The existing scheme of repositioning of empty containers from various Gateway Ports to hinterland terminals with a rebate of 50% on rail freight will continue till 31.03.2022.
- The scheme has now been extended for repositioning of empty containers from various portside CONCOR CFSs to other ICDs also for export purposes.
- The shipping lines offering more than 15,000 TEUs of empty containers per month under the scheme will be given a rebate of 100% on the rail freight.
- The shipping lines offering more than 10,000 TEUs upto 15,000 TEUs of empty containers per month under the scheme will be given a rebate of 75% on the rail freight.
This would facilitate the availability of containers, boosting exports and reducing logistic cost for all stakeholders.
About Container Corporation of India Ltd. (CONCOR):
- Container Corporation of India Ltd. (CONCOR), was incorporated in March 1988 under the Companies Act, and commenced operation from November 1989 taking over the existing network of 7 ICDs from the Indian Railways.
- From its humble beginning, it is now an undisputed market leader having the largest network of 60 ICDs/CFSs in India (58 terminals and 3 strategic tie-ups).
- In addition to providing inland transport by rail for containers, it has also expanded to cover management of Ports, air cargo complexes and establishing cold-chain.
- It has and will continue to play the role of promoting containerization in India by virtue of its modern rail wagon fleet, customer friendly commercial practices and extensively used Information Technology.
- The company developed multimodal logistics support for India’s International and Domestic containerization and trade.
- Though rail is the mainstay of their transportation plan, road services are also provided to cater to the need of door-to-door services, whether in the International or Domestic business.
Source: CONCOR-Press Note | Image Credit (representational): CONCOR