Business Standard

Freight rates fall on excess truck position

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Press Trust of India New Delhi

Freight rates for the nine-metric tonne pay load section declined by Rs 1,000 at the local truck transport market in the national capital Saturday following heavy position of trucks against restricted cargo movements.

Transporters said besides tight movements of cargo, ample position of trucks in the markets, mainly attributed fall in freight rates for a few destinations.

Capital to Guwahati, Hyderabad, Bengaluru and Mumbai freight rates dropped by Rs 1,000 each to Rs 60,000, Rs 57,000, Rs 62,000 and Rs 30,000.

Rates to Ahmedabad, Baroda, Patna and Surat also came down by Rs 1,000 each to Rs 23,000, Rs 26,000, Rs 29,000 and Rs 27,000.

 

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First Published: Sep 08 2018 | 3:30 PM IST

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