Railway freight records highest loading in 2020
RAILWAYS & METRO RAIL

Railway freight records highest loading in 2020

The freight figures for Indian railways have maintained their high momentum in terms of earnings and loading for the month of November. It surpassed the previous year’s earnings and loadings for the same period by 9%.

Indian Railways loading was 109.68 mt, including: 13.77 mt of iron ore 5.41 mt of fertilizers 48.48 mt of coal 5.1 mt of foodgrains 6.62 mt of cement (excluding clinker).

During this time, the earning of the Indian Railways from freight loading was Rs 106.57 billion, which is Rs 4.49 billion (4%) higher compared to last year’s earnings for the same period (Rs 102.07 billion). The average wagon loading per day in November was 58,726, which is 4.6% higher than October (56,128 wagons).

A railway ministry press release says the Indian Railways utilised Covid-19 as an opportunity to enhance its performance as well as all round efficiencies. They continued to register impressive figures in freight loading with 15% growth in both, September and October.

In order to make rail freight movement attractive, various discounts and concessions have been given in Indian Railways. The ministry said that improvements will soon be incorporated and institutionalised in the upcoming zero based time table.

Also Read: Railways capex for 2020-21 pegged at all time high

Also Read: Budget 2020 benefits the freight and logistics sector

The freight figures for Indian railways have maintained their high momentum in terms of earnings and loading for the month of November. It surpassed the previous year’s earnings and loadings for the same period by 9%.Indian Railways loading was 109.68 mt, including: 13.77 mt of iron ore 5.41 mt of fertilizers 48.48 mt of coal 5.1 mt of foodgrains 6.62 mt of cement (excluding clinker). During this time, the earning of the Indian Railways from freight loading was Rs 106.57 billion, which is Rs 4.49 billion (4%) higher compared to last year’s earnings for the same period (Rs 102.07 billion). The average wagon loading per day in November was 58,726, which is 4.6% higher than October (56,128 wagons). A railway ministry press release says the Indian Railways utilised Covid-19 as an opportunity to enhance its performance as well as all round efficiencies. They continued to register impressive figures in freight loading with 15% growth in both, September and October. In order to make rail freight movement attractive, various discounts and concessions have been given in Indian Railways. The ministry said that improvements will soon be incorporated and institutionalised in the upcoming zero based time table. Also Read: Railways capex for 2020-21 pegged at all time high Also Read: Budget 2020 benefits the freight and logistics sector

Next Story
Technology

AirBrick Infra Sets Rs 1 billion Target, Expands to Dubai and Tier-II Cities

AirBrick Infra, one of India’s fastest-growing AI-led commercial interior design and build firms, has announced a sales order target of Rs 1 billion for FY 2025–26. The projection represents a 50 per cent growth over the previous fiscal year and reflects rising demand, increased repeat business, and the company's robust tech-first delivery model.  Now in its third year of operations, AirBrick continues its rapid scale-up, having successfully delivered over 70 projects spanning 3 lakh sq ft in FY 2023–24. FY 2024–25 witnessed the onboarding of several Fortune 500 clients, sett..

Next Story
Resources

Virtusa Foundation Powers Green Education Drive in Bengaluru

The Virtusa Foundation, CSR arm of digital engineering and technology leader Virtusa Corporation, has announced key infrastructure and mobility initiatives at the Ramakrishna Mission, Shivanahalli, Bengaluru. The launch marks the inauguration of a 16-room residential facility for lady teachers and the deployment of two solar-powered electric buses, underscoring Virtusa’s commitment to its core pillars of Education, Environment and Empowerment (3Es).  Located on the forest fringe near Bannerghatta National Park, the initiative supports tribal and underserved communities, complementi..

Next Story
Infrastructure Urban

Godrej Enterprises Drives India’s Smart Green Logistics Shift

As India accelerates its transformation into a global manufacturing and logistics hub, Godrej Enterprises Group (GEG) is taking the lead with its smart, sustainable intralogistics solutions. Through its Material Handling Equipment (MHE) and Storage Solutions businesses, GEG is redefining operational efficiency in modern warehouses and factories using IoT, automation, and AI. GEG has consistently maintained a 20–25 per cent market share in the intralogistics sector over the past three years. Today, over 37 per cent of GEG’s revenues come from its Good & Green portfolio, and its net..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?