Railways' freight loading at all time high in July month

Posted by Daily Shipping Times on 04-08-2017        Tweet

NEW DELHI: The railways, which has been losing business to the roadways, seems to be gaining ground with both its freight and passenger traffic showing an upward trend in July, which is generally considered a lean month. This year, July has seen a robust growth with the freight loading being at an all-time high for the month at 94.09 million tonnes, 4.75 million tonnes more than July last year, said a senior official of the Ministry.

The loading of steel went up by 25 per cent, iron ore by 12.71 per cent, cement by 15.11 per cent, container by 10.31 per cent, petroleum, oil and lubricants by 6.83 per cent and other commodities by 11 per cent as compared to July last year.

"The railways has taken several measures since April-May when freight rationalisation was undertaken. Freight charges were reduced from anywhere between 5-30 per cent. Rebates on empty freight rakes and other such steps have worked for us. We were losing out to roads but now things are picking up," said the senior official.