ISLAMABAD: Pakistan Railways were offering revised competitive freight rates regularly to divert freight traffic from road to rail to earn more revenue for the department.
In this regard the Ministry of Railways is taking several steps including freight trains are being increased to earn more revenue, tariff is being regularly revised to increase clientele, an official in the Ministry of Railways told APP.
The official said that availability of locomotives, through repair, in freight pool has been increased upto 50 locomotives on daily basis which has made it possible to start more than seven freight trains daily from Karachi Port.
This has increased the Cumulative Earning and Pakistan Railways is set to surpass revenue target of 28 billion fixed by the government, he said.
He said that punctuality of passenger trains has been considerably improved from 10 to 55 percent. HSD Oil reserves were limited to one day which have been increased to 20 days for smooth trains operations.
The official said that Cargo Express Train between Karachi Bandar and Badami Bagh Lahore has been reintroduced from September 2014.
He said that induction of ten leased locomotives from National Logistic Cell and 15 new locomotives would further enhance freight productivity.
The official said that latest commercial policy of identifying and bringing the loss giving trains at beak-even and making low profit rains more productive is being introduced which would further enhance the revenue generation.
He said that latest land reclamation and evaluation policy would further enhance the revenue for Pakistan Railways.
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