Operating efficiency growth of the rolling stock resulted in transportation yield increase
In November 2014, the freight turnover at the network of Russian Railways rose up to 195.8 bln tariff ton-km, which is a 3.2% increase year-on-year. For the same period, the freight turnover with an account of empty car mileage increased by 2.9% and totaled 250.4 bln ton-km.
It is important to note that the freight turnover of loaded cars has been growing faster than the freight turnover of empty cars during the previous three months, and its share has been significantly increasing in overall traffic structure. During the period from January 2013 through January 2014, the share of the freight turnover of loaded cars has decreased from 78.5% up to 77.1%. This index number has been restored up to 78.2% for the 11 months of this year.
This tendency confirms the growth of cars operating efficiency and the decrease of empty run ratio. The efficiency growth has resulted in the yield increase of railcar usage, and the growth of rental rates confirms it. The rental rate for gondola has increased from 400-450 rub/day this summer up to 550-600 rub/day in November-December 2014.
Leysana Korobeynikova, Senior Analyst
