The current truck fleet has a 25%-30% idle capacity mostly on account of the increase in axle norms and the slowdown in economic activity. Chennai: Truck rentals, which had bottomed out in August, has risen by...
All India Transporters Welfare Association(AITWA) National President Mahendra Arya said due to high GST of 28 per cent, initial cost has gone up and not only that many small transporters are bearing the burden...
National highway 4 (NH4), which connects Mumbai and Bengaluru via Kolhapur, remained shut for the fourth consecutive day with heavy vehicles stuck in serpentine queues. KOLHAPUR: National highway 4 (NH4), which connects Mumbai and...
Despite extra liquidity available with financers, there is lack of reliable fleet owners with dependable cash flows to take the truck finance. Chennai: Truck operators are reporting a 25%-30% drop in monthly revenue with truck fleet...
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