Page 3 - Freight Corridor

PM flags off world's 1st double-stack container train, launches DFC section

One train carries 360 10-feet container equivalent units (TEU), which is equivalent to 270 high capacity trailer trucks

Freight corridor will lead to rapid development: Prime Minister Modi

Modi inaugurated the 306-km Rewari-Madar section of the Western Dedicated Freight Corridor section

Freight corridors to help in development of new growth centres in India: PM

The eastern and western dedicated freight corridors are being seen as a game-changer for India and will help in the development of new growth centres in different parts of the country, PM Modi said

Modi flags off New Bhaupur-New Khurja section of Eastern Freight Corridor

Says project was envisaged by earlier govts but not implemented on time, causing 11x cost escalation; comes down on those who disrupt movement of trains during protests

Jindal Steel first private firm to get "regular supplier" tag from Railways

With this, Indian Railways, its arms and track-laying contractors can source 60kg 880 grade (90 UTS) Rails made by JSPL for their ongoing and upcoming projects

PM attacks previous govts for delays on dedicated freight corridor project

Modi said his government engaged with stakeholders to speed up the work

Aim to maintain higher speeds of freight trains in 2021: Railway Board head

According to a Rail Ministry presentation, the average speed of a goods train stood at 23.6 kmph in 2019-2020 and rose to 42.9 kmph in 2020-2021

As recession hits nation, dedicated freight corridor may get operational

Augmenting freight operations through better marketing, cheaper tariff and discount packages has been on the railway agenda

Recovery tracker: Power puts a bright spot on otherwise lacklustre revival

Goods carried by train and workplace visits were among the high-frequency indicators that gave up some gains for the latest week

Freight hike may wipe out 1 month of exports in current fiscal: Firms

Shortage of containers, faceless assessment causing delay

Land licence fee changes for Concor will remove major overhang

Demand recovery, progress on privatisation are the other triggers

Weekly economic indicators: Power, freight numbers up; traffic holds steady

Economic recovery on even ground even as government announces fresh stimulus

Recovery tracker: Power, freight indicators show strong gains over 2019

Many of the macroeconomic indicators that track broad activity, such as gross domestic product, are released with a lag.

Top headlines: V-P Naidu hints at lockdown extension, UK PM critical, more

Business Standard brings to you the top headlines of the day

Goyal indicates customers to get compensation for delayed freight delivery

Speaking at the foundation day of the Dedicated Freight Corridor Corporation of India Limited, Goyal said that it should make a commitment to its customers with a timetable for its freight trains

Brokerages bullish on Adani Ports post acquisition of Snowman Logistics

The sale to ADSEZ is part of Gateway's plan to divest its non-core assets, deleverage its balance sheet, and fund future capital expenditure plans in the rail segment.

Freight traffic by Indian Railways drops 0.97% in first 7 months of FY20

Till November 2, loading by the Railways was 689.88 million tonne (mt) compared to around 683.19 mt during the same time last year

Private sector players to add steam to eastern dedicated freight corridor

If public sector majors like NTPC or Coal India show any interest, the possibilities of a joint venture cannot be ruled out

Railways, CIL in talks over 538-km eastern freight corridor stretch

The railways is expected to float a tender by October

East, West freight corridors likely to be commissioned by March 2020

The Dedicated Freight Corridor Corporation of India (DFCCIL) has already placed contracts worth Rs 510 billion, while only about Rs 30 billion worth of signalling contracts are only pending now