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SANTA FE RAILWAY INCREASES INTERMODAL RATES

 SCHAUMBURG, Ill., Sept. 10 /PRNewswire/ -- Effective Oct. 1, 1993, Santa Fe Railway will increase intermodal rates on both contract and non-contract freight, according to Don McInnes, senior vice president- intermodal.
 "Santa Fe has not implemented a broad intermodal rate increase since January 1990 and over the last 18 months intermodal rates have remained relatively unchanged," said McInnes. "To offset increased costs related to our aggressive investment in equipment, technology and intermodal terminals, and the fuel tax surcharge to be enacted on Oct. 1, we anticipate the increase in rates to be in the range of $25 per unit."
 From 1990 to 1993 Santa Fe Railway has invested approximately $492.7 million in intermodal equipment and another $121.8 million in new intermodal terminals and expansion of terminals. Additionally, $68 million has been invested in high tech computer systems to provide the best service to customers including consistent performance and access to real time information.
 -0- 9/10/93
 /CONTACT: Philippa Dworkin of Santa Fe Railway, 708-995-6224/


CO: Santa Fe Railway ST: Illinois IN: TRN SU:

LG -- NY042 -- 0776 09/10/93 13:25 EDT
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Publication:PR Newswire
Date:Sep 10, 1993
Words:184
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