Rail freight loading zooms to 39 mt till Dec

Posted by Daily Shipping Times on 04-01-2018        Tweet

NEW DELHI: The Railways loaded about 39 million tonne (mt) extra freight in the April-December 2017 duration, a Railway official said, adding that these are initial estimates. This is almost eight times the five mt incremental cargo loaded for the entire 2016-17 over the previous year.

All categories of commodities — with the exception of fertiliser — has seen growth. Buoyed by this growth, the Railways is planning to procure 5,000-7,000 wagons in the next fiscal.

The Railways is looking to use a bidding system where the lowest cost will be discovered by using a vendor that offers the lowest price for a particular product, said another Railway official.

This is even if the entire quantity supplied by the vendor does not match the total requirement of the Railways.

 In that case, it will source from more than one vendor. The move will help lower the procurement prices for the Railways, he added.