Freight rates for select centres ease on tight cargo movements

Freight rates for nine-tonne payload section to select destinations eased by Rs 500 at the local truck transport market in the national capital today following restricted cargo movements amid excess position of trucks.

Transporters said fall in cargo movements against easy availability of trucks led to fall in select freight rates.

Freight rates from Delhi to Jaipur, Kanpur and Chandigarh dropped by Rs 500 each to Rs 15,000, Rs 18,000 and Rs 16,000.

Elsewhere, other centres freight rates managed to keep freight rates around overnight levels on some support.