IR's EXIM container throughput up 21.74% in Aug 2014

Monthly container volume of Indian Railways (IR) has registered a strong 15% growth in August 2014, reflecting the continuation of steady mid teen year on year growth in monthly volumes in Aug 2014 as well. The container throughput of IR registered a year on year growth of 16% in April 2014 and that was followed with a growth of 13%, 14% and 16% in May'14, Jun'14 and July'14 respectively. The strong growth in container throughput of IR was largely due to strong EXIM container volume, which grew by 21.74% (to 3.36 million tonnes), compared to corresponding previous period. But the domestic container volume was down by 6.45% (to 0.87 million tonnes) compared to 0.93 million tonnes in the corresponding previous period.

On cumulative basis the container volume of IR for the period of Apr-Aug 2014 was up by 14.6% (to 20.29 million tonnes) over corresponding previous period. For Apr-Aug 2014 period while the EXIM volume was up by 18.1% (to 15.73 million tonnes) and that of domestic volume was up by 4.1% to 4.53 million tonnes.

In-spite of strong mid teen growth in container volume the container earnings of Indian railways for Aug 2014 was up by just 5.3% to Rs 395.35 crore and this is largely on account of 2.5% fall in realization (Earnings/NTKM) to Rs 0.88. This is as result of 5.9% fall in average lead to 1060 km which moderated the growth at net tone km (NTKM) to 7.9% to 4483 million km.

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