January 24, 2017

Experts estimated the consequences of the next tariff increase of US

While the passengers use the services of “Ukrzaliznitsі” under the old rates, the cost of commercial freight traffic has increased by a quarter, and business representatives began to think about how to cover the costs of new vehicles.
Naturally, the increase in transportation costs lay in the price of goods and raw materials. Ultimately, a consumer will pay. But, according to the Federation of Employers of Ukraine (FEU), – this is only half the problem. Tariff increases have a negative impact on the economy and delay the development of entire sectors, such as energy and heavy industry.
According to statistics from FEU, in 2010, a gradual increase in the cost of services of US (130% in 6 years) contributed to the overall reduction in cargo base by 28%. For instance, in 2014 prices rose by 13% – lost 58 million tons of freight traffic compared with 2013, in 2015 increased by 30% and were missing 41 million tons of cargo in the annual report concerning the 2014go.
As for the impact on prices of US tariffs, let’s give specific figures on the FRU.
• So, the black metal ton rise in price by $ 7-8;
• A ton of coal on the dollar and a half;
• A ton of grain for the same amount of coal.

In general, the population and the industry will fall an additional financial burden up to $ 90 per year, while cargo traffic will decrease.

One can only hope that this latest rise in prices in the short term. In a situation can affect Infrastructure Minister Vladimir Omeljan. He has repeatedly said that the rise in the tariffs of US – not an option. First of all, the organization shall deal with corruption and other internal problems. Recall that the ministry officials were dissatisfied with even distribution of 12 billion USD of investments aimed at carrier development in the new year. System approach of ultrasound and to Omeljan not seen.

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