Pakistan Railways (PR) has earned over Rs 3.88 billion during the first nine months of the current financial year from freight sector business, which is over Rs 730 million more as compared to the corresponding period. Sources in the PR's freight sector told Business Recorder here on Monday that last year the figure of earning through the freight business during first nine months of the financial year 2003-2004 was around 3.15 billion. During the last ten days of March 2005, Railways earned Rs 169 million, which was Rs 18 million more than the budgetary target for the ten days.
The sources further said the Railways have also carried two-train load of High Speed Diesel (HSD), one each on April 01 and 02, 2005. One train carried 60 tanks of oil giving railways Rs one million as revenue. The Railways carried this oil for PSO from Mahmood Kot to Chak Peerana. There was no agreement with the PSO that how much HSD the Railways would carry.
There would be no regular service for this purpose but trains would be provided on the basis of demand, the sources added. They also expressed hope that after Chak Peerana consignment, PR would get more business from PSO for transportation of HSD from other storage facilities in the country.
When asked about the reasons of increase in the freight sector revenue, sources said it happened due to aggressive marketing techniques, new traffic, and transportation of imported wheat to Balochistan, NWFP and Punjab; and increase in traffic from India.
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