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Railways register 12% growth in freight

Railways register 12% growth in freight
PTI
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First Published: Wed, Sep 02 2009. 10 54 AM IST
Updated: Wed, Sep 02 2009. 10 54 AM IST
New Delhi: Beating the slowdown, Railways have registered about 12% growth in freight loading in August.
The total loading in August was 72.9 million tonnes as against 65.27 million tonnes the corresponding period last year, according to a tentative loading data available with railways.
“The growth in August this year in comparison to last year was about 11.67%. The final data will be compiled by next week,” said a senior Railway Ministry official.
In July, railways had registered 5.83% increase in goods loadings.
Freight loading is witnessing an upward trend due to the surge in demand for coal, cement, steel, foodgrains and petroleum products, he said.
The growth in loading has been recorded in coal (16.5%), cement and steel (15%), foodgrains (11%) and petroleum products (14%).
However, there is a negative growth of 5% in fertiliser loading.
Railways have undertaken steps to attract bulk traffic by offering incentives. The freight loading target has been fixed at 882 million tonnes (MT) for 2009-10, an increase of 49 MT over 2008-09.
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First Published: Wed, Sep 02 2009. 10 54 AM IST