Pakistan railways came with outstanding performance in the area of freight with Karachi division generating record freight revenue of Rs 18.76 billion in the outgoing fiscal year, revealed a comparative study of Pakistan Railways, spread over a period of five years.
According to the Pakistan Railways report, the Karachi division which has been entrusted with the management of freight trains earned Rs 18.76 billion during the outgoing financial year as compared to the revenue of Rs 17.75 billion, collected during the fiscal year 2019-20.
During the last fiscal year, the railways freight wagons loaded 6.32 million tons of goods which is the highest after 1994. The freight revenue of Pakistan Railways’ Karachi division remained on upward movement as it was Rs 17.02 billion, Rs 17.2 billion, Rs 17.75 billion during the fiscal years 2018, 2019, and 2020 respectively.
The fiscal year 2020-21 has been extremely good as far as the performance of the freight department of Karachi railway is concerned. During the period of whole five years, it was the second time when such a shining performance has been witnessed.
Earlier in October 2019, freight wagons earned Rs 2.04 billion while this time, the performance was even better as in March 2021, the Karachi division freight department earned Rs 2.114 billion.
Railways freight revenue from Karachi hits record
The record of five-year performance shows that only seven times, more than 20,000 freight wagons were used in a month besides the achievement of this benchmark three times during the outgoing fiscal years i.e., December 2020, March, and April 2021.
In March 2021, 22,566 wagons were used for the transportation of material. Earlier, the biggest number was 21,664 wagons in July.
The Yousafwala coal trains have the biggest share in freight performance which comes to 55% to 60% of the whole.
Azam Swati, the Federal Minister for Railway visited all loading terminals twice in Karachi. He directed the management to upgrade the terminals and such system of facilities be provided as to take the terminals at the international standard.
During the talks with the media, the Railways Minister appreciated the performance of Karachi division’s freight performance