Page 4 - Freight

Recovery tracker: Power generation, consumption lower than before

Decline also seen in vehicle registrations, railway freight growth

Railways' freight revenue up 19% in Aug, Rs 66,658 cr earning during FY23

Coal freight revenue rose 42 per cent despite rains, floods during August

Govt working on one logistic law for all modes of transportation: Gadkari

The government is working on bringing a single logistic law for all modes of freight transportation to eradicate duplication of processes and simplify procedural requirements, Union minister Nitin Gadkari said on Friday. The Road Transport and Highways Minister further said the public-private partnership model should be encouraged for the development of air cargo infrastructure in the country. "The government is working on bringing a single logistic law for all modes of freight transportation to eradicate duplication of processes and simplify procedural requirements. "This system will facilitate multi-modal transportation in the true sense," Gadkari said while addressing the 12th DACAAI AGM. While noting that at the moment India's logistic cost is around 14 per cent of gross domestic product (GDP), Gadkari said the government's aim is to reduce the logistic cost to 8 per cent. He pointed out that in the domestic aviation market, air cargo share is very low and the challenges are .

Recovery tracker: Higher power generation, improved freight numbers

Power generation gap widened over 2019

Railways freight transport up 8% in July as it carries coal nationwide

The transporter has recorded 11 per cent increase in cumulative freight loading this financial year

Recovery Tracker: Dip in mobility, air traffic; freight numbers improve

Improvement in freight, vehicle registration numbers

Rlys freight grows 11% on year in June at 125 MT, gains from loading coal

There has also been an increase of 7 per cent in freight leads, or the distance travelled for transportation of goods, which is a source of higher revenue for the railways

Railway officials to be rated on freight volumes, train movement efficiency

The Railways' overall freight growth against the ministry's internal target was 0.94 per cent in FY22

Will finish 90% of work on dedicated freight corridors by Jun 2023: RK Jain

DFCCI Managing Director R K Jain says that despite the disruptions from two Covid waves, the Easter dedicated freight corridors (DFC) will be completed soon

Freight rates in May fall but transporters defer fleet expansion plans

Customers pay less after six months for but transport companies feel the pinch of inflation.

Fuelled by coal demand, Railways earns Rs 14,000 crore from freight in May

This is the 21st consecutive month of the national transporter topping its own freight loading record

Dedicated freight corridors cost revision: Railways to move Cabinet soon

Eastern, western freight corridors have seen 54% cost escalation

South Central Railways harness new-age containers for bulk cement transport

Bulk cement dispatch constitutes around 25 per cent of the total cement production of nearly 350 million tonnes

Railways mulling 1,00,000 more wagons amid rising freight, coal demand

Railways recently floated a large tender for wagons worth hRs 35,000 cr, which had been in the pipeline since 2018

Railways registers highest ever freight loading in FY 2021-22

The national transporter loaded 1,418.1 MT of freight in 2021-22, which is 15 per cent higher compared to 1,233.24 MT in 2020-21, it said in a statement

Railways earns Rs 1.43 trn from freight in FY22, ferries 1,418 mn tonnes

Coal freight rises 20 per cent as railways achieves highest ever loading

Railways rides climate wave with green point ratings to garner more freight

Currently, the national transporter's freight basket is dominated by coal and iron ore, which cumulatively accounts for over 60 per cent of its freight volume

Indian Rlys sees 34% rise in automobile freight at 3.35 mn tonnes in FY22

The Railways' overall annual freight rose 16% in 2021-22, to an all-time high of 1,278.8 mt

Recovery tracker: Economic activity slows further, power demand stays weak

Domestic air traffic, retail and recreation visits down

Recovery tracker: Railway freight gains at year-end amid omicron surge

Residential mobility indicator rises higher than previous weeks