India’s Concor Revises Cochin-Bangalore Intermodal Rates

India’s Concor Revises Cochin-Bangalore Intermodal Rates

Container Corporation of India has announced a “special intermodal rate scheme” for the movement of empty containers between the Vallarpadam International Container Transshipment Terminal at Cochin port and Bangalore, a southern hinterland destination, following requests from terminal operator DP World.

From the Vallarpadam terminal to Bangalore, the new hauling rates would be 6,800 rupees (about US$126) per 20-foot-equivalent unit and 12,250 rupees (about US$227) per 40-foot-equivalent unit.

The state-owned rail operator would charge $143.50 per TEU and $248.15 per FEU for empty boxes railed from Bangalore to Cochin.

DP World Cochin in a trade notice said the revised fee schedule is effective immediately. The company also called on ocean carriers and shippers to take advantage of the new rate scale, “now that Concor has agreed to operate a weekly Bangalore-Vallarpadam-Bangalore train service.”

The Vallarpadam terminal, which began operations in February 2011, is a public-private partnership between Cochin Port Trust and DP World.

Concor, an offshoot of Indian Railways, is the largest intermodal logistics provider in the country with a network of nearly 60 inland terminals.