Wednesday, December 16, 2009

CONTAINER CORPORATION OF INDIA - PSU

Container Corporation of India (Concor) has a near monopoly in the domestic container rail freight segment. Although private sector operators (15 of them now) started operations in a limited way in this logistics segment since April 07, it is till time till they catch up to this 63% government owned company.

Concor has also been a debt free company for the past several years. The containerized rail freight segment has gained in popularity over the last few years, with Concor’s total volume of container freight traffic handled (export, import and domestic segment) amounted to 23.08 lakh twenty foot equivalent (TEUs) at the end of March 09, a compounded annual growth rate (CAGR) of 7.5% over a four-year time period.

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