Freight

Taking a look at some high-frequency indicators for January-February

CEA V Anantha Nageswaran had said that to get to 7 percent GDP growth in FY23, the January-March quarter will have to register a 5.1% real GDP growth

Railway freight rises 3.5% in Feb; thermal coal volumes increase 8%

According to sector watchers, the numbers suggest that the railways will comfortably meet its budgeted target of 1475 Mt in the current fiscal year

IBS Software acquires Accenture Freight & Logistics team for unknown sum

Deal will boost IBS leadership as a tech provider to airfreight industry, is a strategic step towards helping establish the acquirer as an end-to-end player in global freight supply chain

Statsguru: How Indian Railways is coming out of Covid-related disruption

The money earned from carrying passengers is expected to surpass the pre-Covid level this year

Union Budget 2023-24: A great year for Indian Railways, says expert

IR, which stimulates almost all sectors of industries and commerce by transporting raw materials and finished goods, is moving much more BTKMs (Billion Tonne Kms) during and post-pandemic times

Budget 2023-24: Soon, Rs 75K-crore transport connectivity projects

Sitharaman has announced that coastal shipping will be a preferred mode of transport for passengers and freight

Railways looks to get up to Rs 2 trillion from freight operations in FY24

National transporter confident of meeting FY23 revenue target

Indian Railways surpasses its FY22 revenue in nine months of FY23

Ministry expects to end FY23 with earnings of Rs 2.35 trillion

Railways ferries 124-mt freight in Nov, clocks 5% rise since last year

Officials peg FY23 freight between 1500-1550 mt

Northeast Frontier Railway clocks 4% jump in freight unloading in October

Northeast Frontier Railway on Thursday said it has registered a nearly four per cent rise in freight unloading at 1,218 rakes during October this year. NF Railway Chief Public Relations Officer Sabyasachi De said 1,218 freight-carrying rakes were unloaded during October 2022 as compared to 1,176 rakes in the same month last year. "NF Railway is continuously registering a steady growth in freight unloading. From April to October of the current financial year, 8,317 freight-carrying rakes were unloaded. This is an increase of 10.13 per cent in comparison to the corresponding period of last year," he added. The local division of the Indian Railway transported goods like FCI rice, sugar, salt, edible oil, food grains, fertilizer, cement, coal, vegetables, automobiles, and other items during the month and unloaded them in different goods sheds within its jurisdiction. "During October 2022, 673 rakes of freight carrying trains were unloaded in Assam, out of which 329 were loaded with ...

Recovery tracker: Decline in railway freight numbers, air traffic

Vehicle registrations and power generation is higher than before

CII urges govt to consider lowering freight, power costs for exporters

Industry body CII on Thursday suggested the government a number of measures, including lowering freight and power costs for exporters and setting up a shipping regulator, to promote outbound shipments. CII National Committee on EXIM Chairman and Patton Group's MD Sanjay Budhia also asked for fast-tracking establishment of an export promotion body. There is also a need to do an internal export promotion and marketing exercise to get more businesses on the export markets, he said at the CII's national exports summit here. "Can we consider lower freight and power costs for exporters? It is not required to have subsidies but calibrated rates so that exporters are not cross subsidising other consumers. In this regard, including electricity costs under GST could be a way out to lower tax incidence," Budhia said. He added that the government can consider a carve-out under the national logistics policy for investments in trade-related infrastructure. States should be encouraged to work on

After wheat, iron ore, Railways raises wagon registration fee for all goods

Moreover, the charge for booking an entire rake, or goods train, has been revised to Rs 1,00,000 from the earlier Rs 50,000

Railways plans to launch Vande Bharat trains for freight operations

The Centre, in this fiscal year's Union budget, had laid out a target to roll out 400 Vande Bharat trains by the end of 2024-25

Indian Railways to operate freight version of Vande Bharat trains

The Railways has decided to introduce a freight version of the semi-high speed Vande Bharat Express, the first service of which will be operated between the Delhi-NCR and Mumbai regions. Christened "Freight EMU", these trains will serve as a superfast parcel service aimed at capturing high-value and time-sensitive cargo consignments currently being moved via other forms of transport, according to a letter from the Railway Board to general managers of zonal railways on October 11. Vande Bharat freight trains have been designed for palletised container transportation at a speed of 160 km/hour. The 1,800-mm wide rakes with automatic sliding doors would have provisions to load reefer containers for temperature-sensitive cargo, a pneumatically retractable roller floor system with locking facility for easy handling of pallets, and a total payload of 264 tonnes. The Integral Coach Factory in Chennai, which is manufacturing the bulk of the Vande Bharat trains, is expected to roll out the ..

Recovery tracker: Vehicle registrations in latest week up 15% over 2019

Better aviation traffic in seven days to Oct 2, freight numbers improve

Iron ore, coal transport push Sept Railway freight up 9.7% to 116 mn tonnes

FY23 auto freight grows 72% as automakers switch to rail

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 .