IR’s freight loading crosses 130 mt mark in May 2023

During May 2023, Indian Railways’ (IR) originating freight loading stood at 134 mt, 2 per cent higher than the corresponding period in 2022-23. Meanwhile, the national transporter has earned a freight revenue of Rs 146.42 billion in May 2023, compared to Rs 140.84 billion in May 2022, registering an increase of about 4 per cent. In May 2023, IR achieved a freight loading of 65.89 mt coal, followed by 15.23 mt iron ore, 13.2 mt cement, 10.96 mt of other goods, 6.79 mt containers, 4.89 mt fertilisers, 4.85 mtfoodgrains and 4.23 mt mineral oil. During the period April-May  2023-24, freight loading of 260.28 mt was registered against the previous year’s loading of 253.48 mt, an increase of approximately 3 per cent over the corresponding period in 2022-23. Meanwhile, the cumulative freight earning in April-May 2023-24 period stood at Rs 285.12 billion against Rs 270.66 billion during the April-May period of 2022-23, an improvement of approximately 5 per cent.