Freight Services : PR to generate over Rs12b revenue

By APP
Published: February 3, 2016
SHARES
Email

ISLAMABAD: Pakistan Railways would generate more than Rs12 billion in revenue through freight trains during the current financial year.  The organisation was hoping to cross the set revenue generation targets in the freight sector this year, an official in the Ministry of Railways told APP.  ‘Fast Cargo’ train would also run between Karachi to Rawalpindi to help generate more revenue, he added. “Pakistan Railways had allocated around 85 to 90 locomotives for freight trains,” the official added.  He said that 55 locomotives were scheduled to arrive soon from the United States and would be attached with freight trains. Pakistan Railways during the financial year 2013-14 loaded 76,307 wagons against 46,617 wagons in the corresponding period of last year. The official added that earning from freight loading during 2013-14, was Rs3.529 billion whereas during the corresponding period (2012-13) was Rs1.957 billion.

Published in The Express Tribune, February 3rd, 2016.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

Facebook Conversations

More in Business