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The average truck utilisation rate for transporters rose sharply in the September quarter, making it the best in five years amid robust demand from the industrial and agriculture sectors. Typically, the demand is subdued during the three month period due to monsoons, but this year has been an exception. Led by higher sales of consumer durables and other goods, the demand is expected to grow further with the onset of the festive season later this month.
“The September quarter has been the best in five years in terms of capacity added in tonnage terms, freight and utilisation rate,” said SP
