Logistics sector: Major ports & container volumes tracker
✓ Major port reported growth of 33.1% yoy to 60.4mn tonnes in May 2021.
✓ Chennai, JNPT, Kamarajar reported volume growth of 78%,52% & 174% yoy respectively in May 2021.
✓Total container rail volume increased by 39%yoy to 5.96mn tonnes in May 2021.
✓ Exim volume grew by 30% to 4.72mn tonnes in May 2021.
✓ Chennai (106%) & Vizag (41%) reported significant improvement in container volumes in May 2021
We believe, recovery in port volume & container volume is positive for CFS players as well as container rail operatiors - #CONCOR #GDL & #NAVKARCORP