Railways freight traffic rises marginally in April-February period

As of February 28, the Indian Railways' cumulative freight loading was 1,102.17 MT, slightly more than 1,102.1 MT during the April-February period last year.

Shine Jacob
March 01, 2021 / 06:26 PM IST

On a monthly basis, the Indian Railways' loading stood at 112.25 million tonne (MT) in the month, 10 percent higher compared to the same month last year.

Despite the COVID-19 pandemic-induced restrictions, the Indian Railways has surpassed last year’s cumulative freight loading till February.

As of February 28 this year, the Indian Railways' cumulative freight loading was 1,102.17 MT, slightly more than 1,102.1 MT during the April-February period last year.

On a monthly basis, the Indian Railways' loading stood at 112.25 million tonne (MT) in the month, 10 percent higher compared to the same month last year.

Freight figures continued to maintain the high momentum in terms of loading, earning, and speed in the month of February 2021, said a statement by the Ministry of Railways.

On day to day basis, on February 28, the freight loading of Indian Railways was 5.23 MT, which was 36 percent higher than last year’s loading for the same date (3.83 MT).

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The average speed of Freight Trains in the month was 46.09 kilometer per hour (kmph), more than double as compared to 23.01 kmph during the same month last year.

In February, the Indian Railways earned Rs 11,096.89 crore from freight loading, 7.7 percent higher than Rs. 10305.02 crore, last year’s earnings for the same period.

“It is worth mentioning that a number of concessions/discounts are also being given in the Indian Railways to make Railways Freight movement very attractive. The strong emergence of Business Development Units in Zones & Divisions, constant dialogue with the industry & logistics service providers, faster speed etc are adding to the robust growth of freight business for the Railways,” said a government statement on March 1.
Shine Jacob
TAGS: #Business #Covid-19 pandemic #Economy #freight #freight revenue #India #Indian Railways
first published: Mar 1, 2021 06:26 pm