Page 7 - Freight

Asia air freight market gets e-commerce boost, trade war has minimal impact

Asian airlines have an outsized role in air freight, accounting for nearly 40 per cent of the global market

100 specially designed stations, terminals coming up along Railways DFC

DFC will have as many as 12 private freight terminals, 15 private sidings and 10 goods sheds to cater to over 300 million tonnes of traffic a year from 2020-21

Freight rates dip on tight cargo movements

Restricted cargo movements against large position of trucks mainly pulled down freight rates

Railway freight earnings down 13% in April-May

Coal, which accounts for 50% of Railways' total loading, dropped 6.3% in April

Railways abolishes dual freight rate for iron ore transport

Currently, transportation of iron ore meant for exports attracts a freight rate which is Rs 300 per tonne