Chaotic tax overhaul becoming bad news for truckers
Although GST (Goods & Service Tax) is expected to widen India’s tax net over, it has done short-term damage to the economy at a time when PM Modi needs to accelerate job creation. Trucking...
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Truckmakers shower bounty on transporters
Truckmakers are wooing transporters with steep discounts and attractive finance schemes in a bid to clear stock ahead of a regulatory change that makes it mandatory for all new commercial vehicles to have air...
Large HCVs Demand to Grow 10% in 3 years
Logistic companies are shifting to larger warehouses, and other factors such as GST, stricter overloading norms, and better fuel efficiency are aiding the shift to higher-tonnage HCVs. The logistics industry, mainly driven by the Goods and...
Freight rates down; easy trucks availability
Freight rates for the nine-tonne payload section for select destinations were trading down by Rs 1,000 at the local truck transport market in the national capital today following excess position of trucks against restricted...
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