Business Standard

Freight rates move up on sluggish cargo

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Press Trust of India New Delhi

Freight rates for the nine-metric tonne pay load section improved by Rs 1,000 at the local truck transport market in the national capital today following less availability of trucks against cargo movements.

Transporters said apart from busy cargo movements, thin position of trucks in the market due to halt and diversion of roads following heavy rains mainly led to rise in freight rates for a few destinations.

Delhi to Kolkata, Mumbai, Pune, Patna and Baroda freight rates moved up by Rs 1000 each to Rs 34,000, Rs 30,000, Rs 32,000, Rs 30,000 and Rs 26,000.

Rates to Kochi, Guwahati, Bengaluru and Surat also went up by Rs 1,000 each to Rs 76,000, Rs 62,000, Rs 63,000 and Rs 28,000.

 

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First Published: Aug 28 2018 | 3:20 PM IST

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