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Monday, December 6, 2010

Railways' freight revenue grows by 8.4 per cent in October 2010

New Delhi: The Indian Railways has registered a growth of 8.39 per cent in freight revenues in October 2010 as compared to the corresponding period in 2009.

The freight earnings in the month of October 2010 stood at US$ 1.15 billion. The rise is supported by good growth in transportation of coal, raw material movement to steel plants, cement, foodgrains, fertilisers, mineral oil and containers.

The earnings for some of commodities such as coal stood at US$ 444.11 million, cement at US$ 111.41 million, foodgrains at US$ 78 million, fertilisers at US$ 81.53 million, mineral oil at US$ 64.14 million, and container traffic revenue at US$ 60.03 million.

Furthermore, the export traffic for iron ore was 1.78 million tonne (MT) in October 2010, while the revenue from iron ore export traffic stood at US$ 76.23 million.

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