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Freight rates drop on availability of trucks, less cargo movements

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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 huge availability of trucks amid restricted cargo movements.

Transporters said heavy position of trucks and thin cargo movements mainly led to fall in some of centres freight rates.

Delhi to Guwahati, Hyderabad and Vijayawada freight rates dropped by Rs 1,000 each to Rs 59,000, Rs 56,000 and Rs 57,000, respectively.

Freight rates to Kochi, Puducherry and Bengaluru also slipped by Rs 1,000 each to Rs 72,000, Rs 63,000 and Rs 60,000, respectively.

Elsewhere, rest all other centres freight rates somewhat managed to move around overnight levels with some support.

 

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First Published: Apr 19 2018 | 1:50 PM IST

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