MoR inaugurates key freight sector initiatives

The Ministry of Railways (MoR) has introduced several freight sector initiatives which include the policy of long-term contracts with major customers aimed at providing the certainty of long-term tariff/freight rates to customers, while also guaranteeing the incremental volume of traffic to the railways; the Indian Railways Freight and Passenger Business Action Plan, 2017-18 that details 50 actionable initiatives covering the core business segments of IR’s passenger and freight sectors; the trial run of double-stack dwarf containers aimed at regaining IR’s lost modal share and attracting additional traffic; and the demonstration run of a roll-on, roll-off service across the National Capital Region, IR’s pilot project for green transportation to reduce road congestion and improve the environment.