Higher freight tariffs sought

  • Nation
  • Saturday, 24 Sep 2005

KOTA KINABALU: Escalating fuel prices are prompting Keretapi Tanah Melayu Bhd (KTMB) to seek government approval for a 50% increase in freight tariffs.  

KTMB managing director Datuk Mohd Salleh Abdullah said it was difficult for the rail company to continue charging the existing tariffs, which had not been revised since 1992. 

“Two years ago, the price of diesel was 78 sen per litre, now it's RM1.60. We need to balance our books,” he said after the opening of the 26th annual conference between KTMB and State Railway of Thailand (SRT) officials here yesterday. 

Mohd Salleh said the top agenda item of the two-day meeting between KTMB and SRT officials would be discussions on how to cope with higher fuel prices. 

Deputy Transport Minister Datuk Seri Tengku Azlan Abu Bakar, who earlier opened the conference, was non-committal about the government’s decision on KTMB’s proposed tariff increase but noted that as a private concern, KTMB should not be made to absorb the increased operating costs involving items such as fuel. 

“We need to watch the situation closely. If oil prices touch the US$100 (RM377) level, surely we can’t leave things as they are,” he said, adding that adjustments would have to be made for KTMB’s operations to remain viable. 

Tengku Azlan earlier told the conference participants that the Government was formulating plans to emphasise on greater use of rail services as an integral part of the nation’s public transport policy. 

More priority would be placed on shifting the transport of bulk and heavy cargo from road to rail. 

“Moving mass transit volumes from ports to inland rail freight terminals presents considerable opportunities for KTMB to expand its scope of services,” he added. 

Tengku Azlan said KTMB would be expanding its KTM Komuter service from Sentul to Batu Caves. 

He said the completion of the double-tracking project from Rawang would also see faster travel times between Kuala Lumpur and Ipoh.  

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Nation

Police looking for witnesses of accident involving elderly man
Decision to postpone special Dewan Rakyat sitting made based on science, health data, says DPM
"Nasi ganja" chopper probe over, investigation paper handed to AGC, says Perak police chief
Lit mosquito coil sparks fire that razes three wooden houses
Covid-19: Discreet social activities, travel without permission contribute to spike in T'ganu cases, says MB
MAIPs orders mosques in Kuala Perlis to limit activites, tighten SOPs
Durian party: Cops to call up cosmetics entrepreneur for alleged breach of Covid-19 SOPs
Sabah cops launch manhunt after four detainees with Covid-19 flee from quarantine centre
Covid-19: Nearly 520,000 vaccine jabs given on Saturday (July 31), says Health Minister
Covid-19: Perak expected to see a surge in cases in coming weeks, says Health DG

Stories You'll Enjoy