TRUCKING INDUSTRY NEWS * Russia: New federal highway tolls
* Moscow - Highway tolls to raise Russia trucking costs
-- Trucking companies hauling more than 12 tonnes (13.2 tons) in Russia will have to pay new federal highway tolls starting Nov. 15 that could increase transport costs up to 15 percent... Much of 3.73 ruble ($0.05) per kilometer charge will likely be passed onto shippers, but it could bankrupt some trucking companies that aren’t able to pass the added cost onto customers... Several Russian shipping companies specializing in trucking are considering submitting a petition to Prime Minister Dmitry Medvedev asking to him block the controversial decision... The average profit trucking since the third quarter of 2014 is estimated at only 3-4 percent and the introduction of charges will make it unprofitable, said Anton Noskov, deputy general director of Milarin, one of Russia’s leading container haulers... The situation is aggravated by the decline in freight rates that has averaged 30 percent this year, compared to 2014. For example, the rate for transporting one container by truck from Moscow to St. Petersburg has fallen from 60,000 rubles to 40,000 rubles... If the government pushes ahead with the plan and refuses to reduce the charge, shippers plan to start protesting when the tax takes effect. The government expects the tax will bring in an additional 40 billion rubles for the federal budget in 2016...
Moscow, Russia - J.O.C., by Eugene Gerden - Nov 05, 2015
Labels: trucking industry news Russia
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