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Rail cargo traffic up 8% in 2005

Globes Gal Nissim

Rail cargo traffic up 8% in 2005

Israel Railways general manager Ofer Linchevski: The goal is to increase cargo revenue by 15%.

Gal Nissim    5 Feb 06   14:05  

Israel Railways carried 7.5 million tons of cargo, generating NIS 147 million in revenue, in 2005, an increase of 8%.
Israel Railways general manager Ofer Linchevski said the goal was to increase cargo revenue by 15%.

In 2005, Israel Railways carried 4.35 million tons of quarry products (28% phosphates, 16% potash, and 8% sulfur), 2.5 million tons of containers (31%), 620,000 tons of grains (8%), 215,000 tons of sand and garbage (3%), and 35,000 tons of fuels.

Israel Railways’ most important cargo contracts signed in 2005 included a NIS 13.5 million contract with Israel Ports Development & Assets Company Ltd. and Yefe Nof Transport Infrastructures & Construction Ltd for the transport of over 80,000 tons of cargo from the Kishon Port in Haifa.

Published by Globes [online], Israel business news -

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