Economy, Domestic Economy
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Iran Roads Ministry Changes Transport Rental Rate Formula For Allaying Truckers' Concerns

Iran Roads Ministry Changes Transport Rental Rate Formula For Allaying Truckers' Concerns Iran Roads Ministry Changes Transport Rental Rate Formula For Allaying Truckers' Concerns

The High Council of Transportation announced on Saturday that truck rental rates for domestic cargo will be calculated on a ton-kilometer (tkm) basis.
Faramarz Maddah, a board member at the Road Maintenance and Transportation Organization of Iran, said the new calculation formula increases the average rental rates compared with the previous method whereby the rates were arbitrarily agreed upon between truckers and cargo owners or transportation companies, the Ministry of Roads and Urban Development reported on its website.
 

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