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Truck rentals on key trunk routes down by further 5-7% in past fortnight

Poor fleet utilisation, lack of return loads weighs on capacity of transporters to repay truck loans, puts question mark on business viability

Topics
Coronavirus | truck market | trucks

Shally Seth Mohile  |  Mumbai 



Truck rentals on key trunk routes down by further 5-7% in past fortnight
Poor fleet utilisation and lack of return load on most of the 75 trunk routes tracked by IFTRT has been weighing on their capacity top repay truck loans.

Truck rentals on key routes have fallen by another 5 to 7 per cent in the past 15 days, reflecting a slowdown in the overall economic activity as a deadly second wave ravages the country.

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First Published: Sun, May 16 2021. 18:35 IST

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