Freight rates fall on easy trucks position

Due to festive season, acute shortage of trucks is being faced in almost all parts of the nation. Now, after festive season trucks are easily available and cargo movement has been decreased. This is all impact on the freight rates.

Freight rates for 9 tonne pay load section fell by INR 500 in the local truck transport market today following comfortable positions of trucks against tight cargo movements.

Transporters said easy availability of trucks in view of tight cargo movements, mainly kept pressure on freight rates for select destinations.

Delhi to Jaipur, Chandigarh and Hyderabad freight rate moved down by INR 500 each to INR 12,000, INR 13,000 and INR 49,000, respectively.

Rates to Ludhiana, Coimbatore and Goa also eased by INR 500 each to INR 16,000, INR 66,000 and INR 49,000, respectively.

Source: http://transreporter.com/

Freight rates fall on easy trucks position