Pakistan Railways (PR) is offering revised competitive freight rates regularly to divert freight traffic from road to rail in order to reduce the deficit of the organisation.
In this regard, the Ministry of Railways is taking several steps including increasing freight trains to earn more revenue and revising tariffs regularly to encourage customers, said an official in the Ministry of Railways.
The official said availability of locomotives, through repair, in the freight pool has increased up to 50 locomotives per day, which has made it possible to run more than six freight trains every day from Karachi.
This has increased earnings of the railways, which is set to surpass the revenue target of Rs28 billion fixed by the government for this year, he said. PR has also re-introduced a cargo express train between Karachi and Badami Bagh Lahore from September 2014. The induction of 10 leased locomotives from the National Logistics Cell and 15 new locomotives would further enhance the freight productivity.
Published in The Express Tribune, January 27th, 2015.
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