Railways to launch second freight train along Khi-Lhr route

Spokes person from Marine group of companies apprised that Ministry of Railways in coordination with Marine group of companies is set to launch the second scheduled freight train service. The inauguration ceremony will be held at Cantt station and Federal minister for Railways Sheikh Rasheed Ahmad will inaugurate the 2nd cargo train from Karachi to Lahore. The freight train project has been initiated by Marine group through an agreement with Pakistan Railways Freight Transport Company (PRFTC).

Pakistan’s first ever freight cargo train service in private sector with public private agreement, was also inaugurated by minister of Railways on December 25th, 2018. The first Freight Train Service has received an immense response from importers and exporters. Within one month, an estimated 55,000 tons of freight via more than two thousand containers, has been transported through 36 scheduled freight carriers between Karachi and Lahore.

The demand of the private sector has been there for a long time for a schedule train which Marine group has under taken. The group is confident that this initiative will not only regain the lost confidence of the traders, but yield maximum benefit to industries, the spoke person informed.

DailyTimes, 24 Jan, 2019

More Business & Finance News

Cut in corporate tax may be reversed

Disclaimer: All information on this page are taken from third party reliable sources of relevant industry channels, with simple aim just for general information for our users. Hamariweb never endorse or recommend for any trading advice as well as accuracy of data provided here.