HomeShipping & LogisticsRailways crosses 500 MT mark of freight loading as of...

Railways crosses 500 MT mark of freight loading as of July 23

Published on

Earns Rs 13,578 Crores

Indian Railways (IR) has crossed the mark of 500 MT freight loading on cumulative basis, yet again, in first 4 months of this Financial Year. 

From April-July 2023, freight loading of 507.7 MT has been achieved against the last year loading of 501.55 MT, an improvement of 1.23% over last year loading. Railways have earned Rs 55459 crore against Rs 53731 crore over the last year which is an improvement of 3.22% as compared to the same period last year.

From April – July 2023, on cumulative basis, IR’s total earning has been approximately Rs. 80869 Cr. (including coaching, goods, sundry, other coaching earnings) against Rs 75847 Cr. over the last year which is an improvement of 6.62% as compared to the same period last year.

During the month of July 2023, originating freight loading of 123.98MT has been achieved against loading of 122.15MT in July 2022, which is an improvement of approx 1.5% over the last year. Freight revenue of Rs. 13,578 Cr have been achieved in July 2023 against Rs 13,163 Cr freight earnings in July 2022, thereby an improvement of about 3% over last year.

Following the Mantra, “Hungry For Cargo”, Indian Railway has made sustained efforts to improve the ease of doing business as well as improve the service delivery at competitive prices. 

The customer centric approach and work of Business Development Units backed up by agile policy making helped Railways towards this significant achievement.

spot_img

Latest articles

Nepalese Team-VPA moot ways to deepen trade ties

Aim to tap 2 lakh tonnes of Additional fertilizer cargo A five-member Nepalese delegation led...

AP Inc. urges Govt. to repeal hike in property taxes

Senior members of chambers of commerce and industry associations have appealed to the government...

Army-GoAP mull Army Tech cell at Amaravati

Major General Ajay Misra, General Officer Commanding (GOC) of the Telangana & Andhra Sub Area...

Vizag based Sunray Resorts keys in for a 5 Star hotel in Bhogapuram

Inks MoU with Bangkok based Minor Hotels A key MoU was recently signed between Sunray...