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Freight rates decline on easy trucks position

Press Trust of India  |  New Delhi 

Freight rates for nine-tonne pay load section declined by Rs 1,000 at the local truck transport market in the national capital today following comfortable position of trucks amid restricted cargo movements.

Transporters said besides restricted cargo movements, excess availability of trucks mainly pulled down freight rates.

to Mysore, Coimbatore and Kochi freight rates moved down by Rs 1,000 each to Rs 67,000, Rs 73,000 and Rs 76,000.

Rates to Thiruvananthapuram, Kolkata, and Surat freights also fell by Rs 1,000 each to Rs 84,000, Rs 32,000, Rs 58,000 and Rs 27,000.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, June 20 2017. 14:48 IST