Indian Railways records highest ever freight loading for the month of May
02 Jun 2021
2 Min Read
CW Team
Despite the Covid-19 situation, Indian Railways freight loading recorded the maximum capacity for the month of May at 114.8 mt.
Indian Railways made the highest ever freight loading of 114.8 million tonne (mt) in May, 9.7% higher than May 2019 when it was 104.6 mt for the same period.
The vital products transported in May included 54.52 mt of Coal, 15.12 mt of Iron Ore, 5.61 mt of Foodgrains, 5.36 mt of Cement, 4.2 mt of Clinker, 3.68 mt of Fertilizers, and 3.18 mt of Mineral Oil.
This year in May, railways earned Rs 11,604.94 crore from freight loading.
Wagon turnaround time has improved by 26% in May. The turnaround time of the Wagon is registered as 4.18 days compared to 6.46 days in May 2019.
Indian Railways also gave concessions and discounts to make the freight movement very pleasing.
The speed of the freight trains has improved in the existing network. The improvement in freight speed leads to cost saving for all stakeholders. The freight speed has also doubled in the past 18 months.
The four zones have registered the average speed for freight trains to be more than 50 kmph. Because of some geographical conditions, some areas provide good speed to the freight trains. An average speed of 45.6 kmph registered for freight trains in May 2021, which is 26% higher compared to May 2019, when it was 36.19 kmph.
Also read: Indian Railways freight loading forecasts growth
Also read: Indian Railways experience a 59.38% increase in freight loading
Despite the Covid-19 situation, Indian Railways freight loading recorded the maximum capacity for the month of May at 114.8 mt.
Indian Railways made the highest ever freight loading of 114.8 million tonne (mt) in May, 9.7% higher than May 2019 when it was 104.6 mt for the same period.
The vital products transported in May included 54.52 mt of Coal, 15.12 mt of Iron Ore, 5.61 mt of Foodgrains, 5.36 mt of Cement, 4.2 mt of Clinker, 3.68 mt of Fertilizers, and 3.18 mt of Mineral Oil.
This year in May, railways earned Rs 11,604.94 crore from freight loading.
Wagon turnaround time has improved by 26% in May. The turnaround time of the Wagon is registered as 4.18 days compared to 6.46 days in May 2019.
Indian Railways also gave concessions and discounts to make the freight movement very pleasing.
The speed of the freight trains has improved in the existing network. The improvement in freight speed leads to cost saving for all stakeholders. The freight speed has also doubled in the past 18 months.
The four zones have registered the average speed for freight trains to be more than 50 kmph. Because of some geographical conditions, some areas provide good speed to the freight trains. An average speed of 45.6 kmph registered for freight trains in May 2021, which is 26% higher compared to May 2019, when it was 36.19 kmph.
Image SourceAlso read: Indian Railways freight loading forecasts growth
Also read: Indian Railways experience a 59.38% increase in freight loading
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..
