Freight Corridor

Freight corridors driving equitable economic growth across India: Study

The dedicated freight corridors of the Indian Railways have had a social-equalising effect with states that have a lower per-capita GDP experiencing significant benefits, a study by the University of New South Wales, Australia, has revealed. This suggests that the corridors are helping bridge the economic gap, offering a path towards more equitable economic growth across the country, it stated. Though the study, published in Elsevier Journal, focused on the Western Dedicated Freight Corridor (WDFC) for the financial year 2019-20, experts say that overall, it benefits several industries and consumers, giving a big push to the Indian economy. The study said the dedicated freight corridor gives financial benefits to all regions of the country. However, areas closer to it gain more due to a significant reduction in the travel cost, it said. "The model finds a universal decrease in the cost of freighting, with GDP improvements being observed in regions with the greatest decreases in cos

Railways achieves 653 mn tonne freight loading by Aug: Railway Board

The freight loading statistics for August 2024 highlighted the remarkable performance of Indian Railways as a total of 126.97 MT of freight was loaded in August alone, contributing to a cumulative total of 653.22 MT for the financial year 2024-25 up to August, the Railway Board said in a press statement. "As the backbone of the nation's freight transportation, Indian Railways has been facilitating the movement of a vast array of goods across the country with an unwavering commitment to sustainability and efficiency," it said. "To meet the ambitious target of 3,000 million tonnes (MT) of freight loading by 2030, Indian Railways is expanding its network, upgrading its fleet and enhancing its operational efficiency as part of the National Rail Plan," the Railways Ministry said. According to the ministry, this marks a significant increase from the 634.68 MT loaded during the same period in the previous financial year and the year 2023-24 saw a total of 1,591 MT of freight loaded, ...

Bangalore and Chennai see rise in truck freight rates, shows data

Freight rates from Delhi to Trivandrum have seen a decline by four per cent, while from Delhi to Jaipur, there has been a decline by 10 percent, in this time period

Railways on track to record best-ever freight business, track laying: Govt

The Ministry of Railways on Friday said it is on track to register its best-ever performance in terms of freight loading, overall revenue collection and track laying in the financial year 2023-24. In a press statement, the ministry said, "As per the preliminary data, IR (Indian Railways) has crossed an originating freight loading of 1500 MT today on 15th March, 2024. Previously, IR had achieved the best ever freight loading of 1512 MT during FY 2022-23. "During FY 2023-24, total revenue of Indian Railways stands at Rs 2.40 lakh crore as on date. Last year on 15th March, total revenue was Rs 2.23 lakh crore, an increment of Rs 17,000 crore. Total expenditure of Indian Railways stands at Rs 2.26 lakh crore in FY 2023-24," it stated. According to the ministry, the number of passengers during FY 2023-24 stood at 648 crore, an increment of 52 crore compared to the figures of the same period of last year. Last year, the total number of passengers travelled was 596 crore, it said. So far

Hyperloop can soon become a reality in India: Swisspod CEO Denis Tudor

Moonshot tech, once built at scale, may be used in freight first, says Swiss hyperloop innovator

Why Indian Railways needs to evolve new business plan and revisit pricing

The Railways' profitable freight business is losing ground to the competition, while meeting pent-up passenger demand will mean more losses, notes T N Ninan

Centre looks to meet freight corridor cost escalation from its own pockets

The executive added that the final cost structure will be ratified when the Union Cabinet approves the revised cost estimate

TMS Ep548: Delhi-Meerut RRTS, freight corridor, media stocks, EV batteries

Why didn't India build RapidX under Indian Railways? What challenges will Eastern Freight Corridor face? Should you binge on the rally in media stocks? What are the different types of EV batteries? An

Govt completes Eastern Dedicated Freight Corridor, ops begin Nov 1

Freight corridors are special tracks made for goods trains, aimed to decongest the railway network, ensuring faster movement of goods

Railways may have to pump in Rs 12,000 crore for freight corridor

Had sought participation of pvt players but efforts have proved inconclusive

Rlys lowers RoRo freight rates by a third on dedicated freight corridors

New rates to ply for 6 months to test market appetite

Railways introduces HSN codes to stem losses from commodity transport

It's a bid to stem losses from misdeclaration of goods

Rlys plans concessions for truckers on dedicated freight corridors

Move aimed at capturing modal freight share from national highways

Delhi-Mumbai Expressway, freight corridor to be pillars of progress: PM

Modi brings infra in focus ahead of Rajasthan polls, opens first phase of India's longest expressway

Railways aims to boost MSME markets through DFC infrastructure project

Indian Railways has undertaken a mega-infrastructure project namely the Dedicated Freight Corridor (DFC), comprising Western Dedicated Freight Corridor (WDFC- from Dadri to Jawaharlal Nehru Port Trust 1506 Km) and Eastern Dedicated Freight Corridor(EDFC- from Ludhiana to Sonnagar-1337 Km) covering 2843 route Km in totality.This information was given by the Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw in a written reply to a question in Lok Sabha.A total route length of 1610 Km (799 Km of EDFC and 811 Km of WDFC) has been completed out of total 2843 Km till October, 2022.In this regard, a pilot project for 'JPP' has been launched on 31.03.2022, by attaching a Parcel Van in Tapti Ganga Express (19045/46) between Surat and Varanasi.Joint Parcel Product (JPP) has been launched by Indian Railways in collaboration with India Post which aims to target business-to-customer (B2C) and business-to-business (B2B) markets focusing on ...

Centre looks to close Chabahar port negotiations by end of FY23

With the international framework broadly agreed on, talks pick up the pace

Indian Railways seeks quicker land acquisition for stalled projects

Zonal Railways asked to designate more works as special projects for quicker clearance

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

Officials peg FY23 freight between 1500-1550 mt

300-400 new Vande Bharat trains to be announced in upcoming Union Budget

According to a railway ministry official, there will be an announcement for provision of 300-400 new Vande Bharat trains in the Union Budget 2023-24 which will be the highest ever allocation

Railways eyes Rs 94k cr coal connecting projects as part of Energy Corridor

National transporter targets FY24 to close critical project pipeline