Freight rates dip on heavy position of trucks, reduced cargo

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

Transporters said excess position of trucks in the market along with limited cargo movements, pulled down some of the destinations freight rates.

Delhi to Guwahati, Hyderabad and Vijayawada freight rates fell by Rs 1000 each to Rs 61,000, Rs 57,000 and Rs 59,000, respectively.

Rates to Puducherry, Kochi and Bengaluru also went down by Rs 1000 each to Rs 67,000, RS 75,000 and Rs 62,000, respectively.