Railways freight traffic shows signs of revival in June

Railways freight traffic shows signs of revival in June

Railways freight traffic shows signs of revival in June

BusinessToday.In
  • Jul 23, 2020,
  • Updated Jul 24, 2020 8:30 AM IST
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Indian Railways' freight traffic revenue declined YoY for the fourth month in a row in June, but the degree of contraction improved compared to April and May.Story: Shivani SharmaDesign: Pragati Srivastava
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Railways' freight traffic fell by 7.7 per cent in June. This was better than the degrowth witnessed in the preceding two months.
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Coal traffic declined by 30.6 per cent in May. The extent of contraction was restricted to 23.1 per cent in June.
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Railways' freight of iron ore contracted -6.5 per cent in June, which was an improvement from -29 per cent in May.
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Cement and food grains traffic recorded double digit YoY growth. It recorded a growth of 18.7 per cent in June, while in April it contracted 90.6 per cent.
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Container service traffic contracted 16 per cent YoY in June. It had contracted by more than 19 per cent and 14 per cent YoY in May and April 2020, respectively.
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Traffic of steel, cement, food grains, fertilisers, POL products led the uptick in Railway traffic in June. They posted a growth of 36.8 per cent from drastic degrowth in previous months.
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