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Freight rates decline on restricted cargo

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Press Trust of India New Delhi

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

Transporters said besides large position of trucks, tight cargo movements,led to fall in rates for select destinations.

Delhi to Kanpur, Baroda and Patna freight rates came down by Rs 1,000 each to Rs 20,000, Rs 24,000 and Rs 28,000.

Rates to Kolkata, Bengaluru and Kochi also went down by Rs 1,000 each to Rs 32,000, Rs 61,000 and Rs 75,000.

 

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First Published: Aug 16 2018 | 3:50 PM IST

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