Eastern, western freight corridors have seen 54% cost escalation
Bulk cement dispatch constitutes around 25 per cent of the total cement production of nearly 350 million tonnes
Railways recently floated a large tender for wagons worth hRs 35,000 cr, which had been in the pipeline since 2018
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
Coal freight rises 20 per cent as railways achieves highest ever loading
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
The Railways' overall annual freight rose 16% in 2021-22, to an all-time high of 1,278.8 mt
Domestic air traffic, retail and recreation visits down
Residential mobility indicator rises higher than previous weeks
Be it raw materials in fertilisers or crop protection, firms are adding plants or enhancing capacities to become self-reliant and looking to achieve multiple levels of backward integration
Company plans to utilise the funds to launch in 20 cities and to fully-automate its trucking marketplace
Traffic congestion also saw an uptick compared to the previous week
Alang sees more cruise ships dock in the past one year than the previous decade but vies for more cargo, defence ships
Essential shopping up with rising pharmacy and grocery visits
Traffic congestion was also up during the week
Improved economic activities in second quarter of the ongoing fiscal year will spur growth momentum for the road logistics sector in the second half of the year
Freight numbers, traffic congestion lower than before
The rates for 8,555 products - such as marine, agriculture, leather, gems and jewellery - were announced under the RoDTEP scheme in August this year.
Likely bidders are worried a lower demand for coal in the future, as more renewable projects come up, can hamper viability of freight operations on section of Eastern Corridor
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