Concor Reports 6% throughput in June Quarter

Container Corporation of India Ltd. (Concor) reported a 6% increase in throughput for the June quarter of 2024, handling 11,59,251 TEUs, driven by growth in both EXIM and domestic sectors, signaling strong logistics management amidst market changes.

by Damodharan N

Updated Jul 10, 2024

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Concor Reports 6% throughput in June Quarter

Container Corporation of India Ltd. (Concor) has announced a notable 6% increase in throughput for the June quarter of 2024 compared to the same period last year. The provisional data reveals that Concor handled a total of 11,59,251 Twenty Foot Equivalent Units (TEUs), marking a substantial rise from 10,93,610 TEUs in the corresponding quarter of 2023.

The breakdown of throughput shows significant growth in both EXIM (Export-Import) and DOM (Domestic) sectors. EXIM volumes reached 8,69,464 TEUs, up by 3.30% from 8,41,690 TEUs last year, indicating steady international trade activity facilitated by Concor's logistics services.

Meanwhile, the DOM segment saw a more pronounced increase, with volumes totaling 2,89,787 TEUs, reflecting a robust growth of 15.03% from 2,51,920 TEUs previously.

This performance underscores Concor's effective management of logistics operations amid evolving market conditions. The company's ability to enhance throughput across both international and domestic sectors highlights its pivotal role in facilitating trade and commerce, contributing to India's logistics infrastructure development. The reported figures are subject to final auditing said the company statement. 

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Container Corporation of India Ltd

Container Corporation of India Ltd. (CONCOR), established in 1988 under the Companies Act, began operations in 1989 by taking over 7 ICDs from Indian Railways. Today, it leads the market with the largest network of 66 ICDs/CFSs in India.

CONCOR offers rail transport for containers and manages ports, air cargo complexes, and cold-chain services. It promotes containerization in India through modern rail wagons, customer-friendly practices, and advanced IT.

While rail remains central, CONCOR also provides road services for door-to-door domestic and international logistics solutions, aiming to deliver efficient and reliable services with a focus on customer satisfaction and value.

Concor Reports 6% throughput in June Quarter - FAQs

1. What is CONCOR's total throughput in the June quarter of 2024?      

CONCOR handled 11,59,251 TEUs (Twenty Foot Equivalent Units) in the June quarter of 2024.

2. How does CONCOR's throughput in 2024 compare to the previous year?  

CONCOR reported a 6% increase in throughput compared to the same quarter in 2023.

3. What are EXIM volumes for CONCOR in the June quarter of 2024?  

EXIM volumes reached 8,69,464 TEUs, showing a 3.30% increase from the previous year.

4. What growth did CONCOR experience in its domestic (DOM) sector in 2024?  

CONCOR's DOM volumes totaled 2,89,787 TEUs, reflecting a growth of 15.03% from the previous year.

5. How many ICDs/CFSs does CONCOR operate in India?  

CONCOR operates the largest network of 66 ICDs/CFSs in India.

6. What transportation modes does CONCOR primarily utilize?        

CONCOR primarily uses rail transport for containers and also provides road services for domestic and international logistics.

7. What role does CONCOR play in India's logistics infrastructure?  

CONCOR plays a pivotal role in promoting containerization and facilitating trade and commerce in India.

8. How does CONCOR use Information Technology (IT) in its operations?  

CONCOR utilizes advanced IT systems to enhance logistics efficiency and customer service.

9. What is CONCOR's approach to sustainable logistics practices?  

CONCOR focuses on sustainable practices in its logistics operations, including managing ports and cold-chain services.

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