Railways earns Rs 14642 Crores from Freight loading in May 2023

Freight Earnings increased by 4% as compared to the same period of last year (Rs. 14,084 Crores)

Railways achieve a Freight Loading of 134 MT in May 2023, showing an improvement of 2% over last year’s freight loading of 131 MT for the same period

By PIB Delhi

During the month of May 2023, originating freight loading of 134 MT has been achieved against loading of 131.50 MT in May 2022, which is an improvement of approx 2% over the last year. Freight revenue of Rs. 14641.83 crores has been achieved in May 2023 against Rs 14083.86 crore freight earnings in May 2022, thereby an improvement of about 4% over last year.

On a cumulative basis from April – May 2023, a freight loading of 260.28 MT was achieved against last year’s loading of 253.48 MT, an improvement of approximately 3% over last year’s loading. Railways have earned Rs 28512.46 crore against Rs 27066.42 crore over the last year which is an improvement of approx 5% as compared to the same period of the last year.

IR has achieved freight loading of 65.89 MT in Coal, followed by 15.23 MT in Iron Ore, 13.20 MT in cement, 10.96 MT in Balance other goods, 6.79 MT in containers, 4.89 MT in Fertilizer, 4.85 MT in Food grains and 4.23 MT in mineral oil in May’2023.

Following the Mantra, “Hungry For Cargo”, IR has made sustained efforts to improve the ease of doing business as well as improve service delivery at competitive prices. The customer-centric approach and work of Business Development Units backed up by agile policymaking helped Railways towards this significant achievement.