EghtesadOnline: The transportation sector recorded a whopping inflation rate of 109.5% year-on-year in the seventh month of the current Iranian year (Sept. 22-Oct. 21) – the highest among 12 groups of the basket of consumer goods and services purchased by households.
EghtesadOnline: A total of 242 million tons of commodities were transported across the country via road during the first half of the current Iranian year (March 20-Sept. 21), according to Mehran Qorbani, deputy head of the Road Maintenance and transportation Organization affiliated with the Ministry of Roads and Urban Development.
EghtesadOnline: The average goods and services Consumer Price Index of transportation increased by 51.5% in the 12-month period ending Sept. 21, which marks the end of the sixth Iranian month, compared with the similar period of the year before.
EghtesadOnline: Since the outbreak of the novel coronavirus in Iran in February, the country’s public transportation system has incurred a massive loss of over 20 trillion rials ($68.6 million), an official with Iran Road Maintenance and Transportation Organization declared.
EghtesadOnline: Iran and Afghanistan are running the first edition of Urban Services, Transportation, Traffic and Related Machinery Exhibition in Kabul.
EghtesadOnline: Providing people with decent public transportation services is of high importance worldwide and there is much room for improvement in Iranian cities.
EghtesadOnline: After gasoline was rationed last November and the price of non-subsidized fuel doubled, some motorists turned to using other types of fuels for their cars such as compressed natural gas and liquefied petroleum gas. They converted their car engines to CNG hybrid or to LPG.
EghtesadOnline: The average Consumer Price Index of the transportation sector in the 12-month period ending July 21, which marks the end of the fourth Iranian month, increased by 45.4% compared with the similar period of the year before.
EghtesadOnline: Khaf-Herat railroad project is scheduled to be launched this autumn (Sept. 22-Dec. 20), says the deputy head of Construction and Development of Transportation Infrastructure Company, affiliated with the Ministry of Roads and Urban Development.
EghtesadOnline: As per a deal signed between the Islamic Republic of Iran Railways and Tidewater Middle-East Company, the latter will be investing 16 trillion rials ($70 million).