Freight earnings surge by Rs 14.81 billion in June 2024

04 Jul 2024 CW Team

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)

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