Page 3 - Freight Rates

Double whammy for food buyers as freight costs spike amid high grain prices

Rising costs to ship crops globally are adding to concerns about food inflation that are already at decade-highs and hitting cost-sensitive consumers in import-dependent markets

North Central Railway records highest ever growth in freight revenue in Q1

North Central Railway recorded the highest ever growth in loading and collection of freight revenue during the first quarter of the current financial year 2021-22

Railways loads highest ever freight of 114.8 MT in May, earn Rs 11,604 cr

Indian Railways' Freight made the highest ever loading of 114.8 Metric Tonne (MT) for the month of May and earned Rs 11604.94 crores from freight loading, said Ministry of Railways on Tuesday.

Recovery tracker: Mobility, railway indicators hold steady as cases rise

Traffic and emissions are lower in some places than others relative to pre-pandemic days

Southern Rly records Rs 1,167 cr freight earnings in April-October period

Southern Railway on Sunday said it clocked several milestones between the April-October period in handling of freight besides earning revenues of Rs 1,167.57 crore.

Centre may penalise shipping companies for spike in freight rates

Exporters are facing an almost 60% hike in freight cost since July

Exporters feel pinch as sea freight to US and Europe rises by 30-40%

The development comes at a time exports from India have started picking up and merchandise exports turned positive for the first time in the last seven months, growing 5.3 per cent

Trade groups ask govt to set up shipping regulator to check freight charges

Several trade bodies have urged the Centre to set up a regulator to deal with the rising freight charges, amid the problem of container shortages that exporters are facing

Freight rates on coal supply: CIL asks for discount, Railways says no

The national transporter has indicated that it has no plans to give concession for distances between 701 to 1400 km

Coronavirus: Air freight rates skyrocket amid passenger flight cuts

About half of the air cargo carried worldwide normally flies in the belly of passenger jets rather than in dedicated freighters

Railways asks premium customers for advance payments to boost balance sheet

Around 50 freight customers had a business of Rs 500 crore or above with the railways in the previous calendar year, and hence, they are eligible for the scheme.

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

No decision on passenger and freight fare hike, says Railway Board

The railway board chairman further said that efforts are on to ensure that after next five years, passengers do not have to face difficulties due to waitlisted tickets.

Railways may cut freight and passenger rates to boost slumped economy

There is helping hand for companies, as the railways may cut freight rates in a bid to boost economic growth, besides "rationalising" passenger fares

No clarity on hike, Rly Board says fares, freight rates to be rationalised

In the first quarter (April-June) of financial year 2019-20, the railways earned a revenue of Rs 13,398.92 crore from passenger fares. This dipped to Rs 13,243.81 crore in the July-September quarter

Shipping freight market defies ongoing trade war, global economic slowdown

Revival in iron ore exports from Brazil and Australia in last few months has helped improve the dry bulk segment

Freight rates up by Rs 1,000 on busy movements, trucks shortage in Delhi

Delhi to Pune, Bengaluru freight rates moved up by Rs 1,000 each to Rs 29,000, Rs 62,000

Beyond a freight hike

To prosper, railways must invest in improving efficiency

Select freight rates ease on Friday

Easy availability of trucks in the markets against restricted cargo movements, mainly pulled down some of centres freight rates

Jaipur, Chandigarh freight rates down

Capital to Chandigarh and Jaipur freight rates fell by Rs 1,000 each to Rs 17,000 and Rs 18,000, respectively