Heavy expenses have prompted RAJA Rail Transportation Company to ground its high-speed trains as of Jan. 5, the CEO of the company said.
Mohammad Rajabi also warned that suburban trains are next in line to stop services, if the government does not lend support.
“We are incapable of operating these trains with the current ticket fares and have communicated our concerns in this regard to the government and the Plan and Budget Organization on many occasions,” Mehr News Agency quoted Rajabi as saying.
RAJA was established in November 1996 as an affiliate of the Islamic Republic of Iran Railways with the aim of improving the quality and scope of railroad passenger services. It was transferred to the Tourism Holding of Social Security Organization (better known by its Persian acronym HEGTA) in March 2010 as part of IRIR’s outstanding debt to the organization.
Experts from Iran and China convened in the Southern Chinese city of Iowa on Sunday to exchange views on challenges and opportunities of the two nations in developing cooperation in maritime and railway transportation.
Tehran will reduce or remove motorway tolling between Iran and Afghanistan to increase bilateral trade, Head of Road Maintenance and Transportation Organization Abdulhashem Hassannia said, adding that improving shared roads and transportation corridors between the two countries should be top on agenda.
Energy Transfer Partners' 275,000 b/d Mariner East 2 natural gas liquids (NGL) pipeline is now in service, connecting the Marcellus shale producing area to the export dock at Marcus Hook, near Philadelphia, Pennsylvania.
Iranian Foreign Minister Mohammad Javad Zarif, in a meeting with Speaker of Azerbaijan’s National Assembly Ogtay Asadov, hoped that the opening of new transportation route between the two countries would help further boost bilateral economic ties.
Iran, India, and Afghanistan held on Monday their first joint committee on following up the agreements reached between the trio states on finalizing protocols for transit, roads, customs and consular matters of Iran’s Southeastern port of Chabahar.
Iran’s non-oil exports from the Northern Province of Golestan has been around 295,000 tons in the past 8 months since the start of the new Iranian year (on March 21), showing a 75% rise in weight, compared with the corresponding period in last year.