Blog Entry# 1937920
Posted: Jul 22 2016 (17:32)
Last Response: Jul 22 2016 (17:32)
IR AffairsCR/Central -Jul 22 2016 (14:48) Retain reduce on Container Corp of India
For Better Managed Indian Railways~ 945 news posts
The latest data from the government highlights that India’s rail container volumes fell by 7.5% y/y in June 2016 after having recovered in April (+4.0% y/y) and May (+5.9% y/y). Domestic volumes during June fell by 16% y/y, while EXIM volumes fell by 5% y/y. Volume growth in FY16 was down 5.4% as well. Overall volumes in Q 1FY17 were up only 0.7% y/y, of which domestic volumes (17% share) were down 18% y/y, while EXIM volumes were up 6% y/y.
Lead distance for the rail container segment fell 5% y/y to 964 km in Q 1FY17. EXIM lead distance was down 5% y/y to 876km, while domestic lead grew by 2% to 1397km. Lead distance for the EXIM business is now...
Jul 22 2016 (17:32)
For Better Managed Indian Railways~ 1859 blog posts
JNPT is already losing its market share to Gujrat ports, where as IRlys have unrealistically (?) expected a very bullish growth for JNPT and started the double lined Western Dedicate freight corridor from JNPT-Dadri (near Delhi). Shall the traffic in 2019 (when DFC is commissioned) from JNPT justify huge costs incurred in the DOUBLE LINE DFC?
It seems that with about similar investment, four single lined dedicated freight corridors could have been taken at the same time with provision for doubling when the freight traffic increase in next 5/10 or 15 years. SECR, ECoR, SER combined carries about 45% of total freight traffic of Indian Railways. Trunk lines of these zones (1500-2000 km length) which are carrying more freight traffic than routes...
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