 "Trucks")
Weaker fleet utilisation and a decline in freight rates after the implementation of the new axle-load norms in times of weak freight demand are expected to beat down operating margins of road freight transporters significantly this financial year, a CRISIL estimate shows.
This will particularly hurt the small and medium enterprises (SMEs), which make up the bulk of the industry.
The new axle-load norms rolled out in August 2018 increased the average rated payload of trucks by about 20 per cent. The impact had become all too conspicuous in January 2019, as more and more transporters re-registered their
This will particularly hurt the small and medium enterprises (SMEs), which make up the bulk of the industry.
The new axle-load norms rolled out in August 2018 increased the average rated payload of trucks by about 20 per cent. The impact had become all too conspicuous in January 2019, as more and more transporters re-registered their
