OREANDA-NEWS. August 30, 2012.  Policy for the development of Private Freight Terminal (PFT) has been issued in May 2010 and revised in April 2012. Private Freight Terminal Policy has been issued to facilitate rapid development of a network of freight terminals with private investment to provide efficient and cost effective logistics services with warehousing solution to end users. Six Private Freight Terminals have been notified. In principle approval has been given by the Zonal Railways for development of Private Freight Terminals at 14 locations.

 As per revised Private Freight Terminal Policy issued in 2012, revenue sharing has been delinked from Wholesale Price Index and it has been simplified. Revenue sharing will be at 50 per cent of the prevailing per ton rate of terminal charge leviable at the railway goods sheds or Rs. 20/- per ton whichever is higher. It is too early to ascertain the revenue generation.

 This information was given by the Minister of State for Railways Shri K. H. Muniyappa in written reply to a question in Lok Sabha today.