Business Standard

Freight rates decline on heavy availability of trucks

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Press Trust of India New Delhi

Freight rates for nine-tonne pay load section declined by Rs 1,000 for select destinations in the local truck transport market in the national capital today following ample availability of trucks.

Transporters said ample availability of trucks in the market amid restricted cargo movements led to the fall in freight rates of some of the centres.

Delhi to Indore, Jaipur, Chandigarh, Ludhiana and Gwalior freight rates moved down by Rs 1,000 each to Rs 23,000, Rs 18,000, Rs 19,000, Rs 20,000 and Rs 16,000, respectively.

Rates to Hyderabad, Vijayawada and Bengaluru also went down by Rs 1,000 each to Rs 57,000, Rs 59,000 and Rs 62,000, respectively.

 

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First Published: Jul 04 2018 | 2:40 PM IST

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