Freight earnings surge by Rs 14.81 billion in June 2024
POWER & RENEWABLE ENERGY

Freight earnings surge by Rs 14.81 billion in June 2024

The Railways saw a notable increase in freight earnings in June 2024, earning Rs 147.98 billion compared to Rs 133.16 billion in June 2023, marking an improvement of approximately 11.12%. According to the Railway Board, originating freight loading reached 135.46 MT in June 2024, up from 123.06 MT in June 2023, reflecting a 10.07% increase.

The growth was driven by diverse cargo, including 60.27 MT of coal, 8.82 MT of imported coal, 15.07 MT of iron ore, 5.36 MT of pig iron and finished steel, 7.56 MT of cement, 5.28 MT of clinker, 4.21 MT of foodgrain, 5.30 MT of fertiliser, 4.18 MT of mineral oil, 6.97 MT of containers, and 10.06 MT of other goods.

The ministry attributed this success to its "Hungry For Cargo" mantra, emphasising a customer-centric approach, improved ease of doing business, and competitive service delivery. Business development units and agile policy-making have played key roles in achieving this significant improvement in earnings and service delivery.

(Source:ET)

The Railways saw a notable increase in freight earnings in June 2024, earning Rs 147.98 billion compared to Rs 133.16 billion in June 2023, marking an improvement of approximately 11.12%. According to the Railway Board, originating freight loading reached 135.46 MT in June 2024, up from 123.06 MT in June 2023, reflecting a 10.07% increase. The growth was driven by diverse cargo, including 60.27 MT of coal, 8.82 MT of imported coal, 15.07 MT of iron ore, 5.36 MT of pig iron and finished steel, 7.56 MT of cement, 5.28 MT of clinker, 4.21 MT of foodgrain, 5.30 MT of fertiliser, 4.18 MT of mineral oil, 6.97 MT of containers, and 10.06 MT of other goods. The ministry attributed this success to its Hungry For Cargo mantra, emphasising a customer-centric approach, improved ease of doing business, and competitive service delivery. Business development units and agile policy-making have played key roles in achieving this significant improvement in earnings and service delivery. (Source:ET)

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?