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Freight rates for some centres drop on excess position of trucks

Press Trust of India  |  New Delhi 

Freight rates for nine-tonne pay load section for Mumbai, and fell by Rs 1,000 at the local market in the national capital today following huge availability of trucks amid slowdown in movements.

Transporters said besides restricted movements, heavy position of trucks in the markets mainly pulled down freight rates of some of the centres.

to Mumbai, and freight rates dropped by Rs 1,000 each to Rs 30,000, Rs 32,000 and Rs 78,000, respectively.

Rates for all other centres continued to be enquired at overnight levels on some support.

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

First Published: Thu, July 12 2018. 14:55 IST