Logistics firms see better fleet utilisation under GST

Logistics companies expect fleet utilisation to climb after the goods and services tax (GST) is imposed on July 1. 

This will bring down logistics costs and improve warehousing. The GST will also organised players in the industry more competitive.

“With the GST, the goods transit time will be lower. A consequence will be higher truck utilisation and increased use of bigger trucks. This will bring down logistics costs,” said P S S Prasad, president, Apollo LogiSolutions.

The Indian Foundation of Transport Research and Training (IFTRT) said the draft GST rules had dispelled misgivings about harassment of transporters on highways. “Doubts