Freight rates up on pick up in cargo movements, tight position

Freight rates for the nine-tonne payload section were higher by Rs 1,000 at the local truck transport market in the national capital today on increased movements of cargo amid tight availability of trucks.

Transporters said better cargo movements and less position of trucks caused the rise in some of centers freight rates.

Delhi to Baroda, Vijaywada and Mysore freight rates went up by Rs 1,000 each to Rs 24,000, Rs 60,000 and Rs 65,000.

Freight rates to Kochi and Coimbatore also moved up by Rs 1,000 each to Rs 72,000 and Rs 69,000.