Freight rates up on tight position of trucks

Increased cargo, less trucks led to hike in fare

Freight rates for 10 tonne load surged by Rs 1,000 in the local truck transport market today following thin availability of trucks against increased cargo movements.

Transporters said less position of trucks and better movement of cargo mainly pushed up freight rates.

Delhi to Bangalore, Coimbatore and Kochi rates moved up by Rs 1,000 each to Rs 58,000, Rs 63,000 and Rs 67,000, respectively.

Mysore, Puducherry and Thiruvananthapuram rates also went up by Rs 1,000 each to Rs 61,000, Rs 60,000 and Rs 70,000, respectively.

Rates to Ahmedabad, Hyderabad and Vijaywada rates also rose by Rs 1,000 each to Rs 17,000, Rs 43,000 and Rs 46,000, respectively.