Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Railways earns Rs10585.9m from freight sector in 2015-16

byCT Report
03/05/2017
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Pakistan Railways revenues earned from Freight sector have reached Rs10585.9 million in 2015-16, showing a reasonable 81 per cent increase as compared to four years back.

During year 2012-13, the revenues earned from freight sector were Rs1984.8 million. The freight operation in 2012-13 had almost come to a grinding halt with less than one train per day from Karachi Port which has increased at an average of 10 trains per day in 2016, sources in the Ministry of Railways said.  Giving details, the benefits achieved through induction of new locomotives in railways, they said availability of locomotives has increased 62 percent as before induction of these, the daily available locomotives for operational purpose were 180 which is now 293 daily per average.

You might also like

Power tariff may rise across Pakistan, including Karachi, under June fuel cost adjustment

17/07/2026

PIA buyers receive Rs14.2b in properties under privatisation deal

15/07/2026

The sources further said punctuality of mail express trains has been improved tremendously and added during 2013 there were total 90 Passenger Trains operational which increased upto 106 in 2016.  Pakistan Railways will start new passenger train very soon which includes Kohat Passenger to run between Rawalpindi and Kohat, Harnai Passenger to run between Sibi and Harnai and Mehran Express from Karachi to Mirpur Khas, they added.  They said that apart from that Jaffar Express has been extended from Rawalpindi to Peshawar.

During financial year 2012-13 revenue earned from passenger sector was Rs. 13,536.130 million, the sources said and added on the induction of new locomotives and steps taken by the government, the revenues earned from passenger sector during the financial year 2015-16 have reached Rs. 20,364.7 millions, showing almost 34 per cent increase.

They said that as per details, 77 new locomotives have been inducted in system of Pakistan Railways during last five years.  Fourteen locomotives have been received up till April, 2017, remaining 41 will be received up to July, 2017, the sources said.  They said that Pakistan Railways has fleet of 448 locomotives out of which 293 are functional and 155 are non functional.

Related Stories

Power tariff may rise across Pakistan, including Karachi, under June fuel cost adjustment

byCT Report
17/07/2026

ISLAMABAD: Electricity consumers across Pakistan, including Karachi, may face a further increase in power tariffs after the Central Power Purchasing...

PIA buyers receive Rs14.2b in properties under privatisation deal

byCT Report
15/07/2026

ISLAMABAD: The federal government has transferred 11 properties of Pakistan International Airlines (PIA), valued at Rs14.2 billion, to the consortium...

IHC approves Telenor Pakistan-Ufone merger

byCT Report
14/07/2026

ISLAMABAD – The Islamabad High Court (IHC) has approved the merger of Telenor Pakistan Private Limited with Pakistan Telecom Mobile...

‘Pakistan’s seafood export hits record $ 568 million’

byCT Report
13/07/2026

ISLAMABAD: The Federal Minister for Maritime Affairs in Pakistan, Muhammad Junaid Anwar Chaudhry, has said that Pakistan’s seafood exports reached...

Next Post

Canada seeks to expand trade with MERCOSUR

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.