Port owners and container rail operators will be key beneficiaries of the recovery in freight volumes in September. While container freight carried by Indian Railways grew for the first time in six months, export-import (Exim) volume, too, posted a growth after eight months.
Exim rail volumes at 4.3 million tonnes (mt) are highest since August last year. This is expected to sustain given the double-digit growth in container rail volumes in the first week of October. Sayan Das Sharma of BOBCAPS Research believes sustained uptick in container volumes is beneficial for container logistics players such as Container Corporation and Gateway Distriparks.
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