Truck Rentals

Truck rental charges for major routes stay stable in July: Report

Truck rental charges on major routes stayed largely stable in July, reflecting a balanced demand-supply environment across the country, a report said on Friday. Freight rates remained unchanged between June and July for most key routes such as Delhi-Mumbai-Delhi, Delhi-Kolkata-Delhi, and Mumbai-Chennai-Mumbai. The Bengaluru-Mumbai-Bengaluru corridor recorded a slight uptick of 2.3 per cent month-on-month (MoM), indicating region-specific cargo movement. However, freight charges on routes like Kolkata-Guwahati-Kolkata saw an increase of 10 per cent, the same went up 8 per cent for Delhi-Hyderabad-Delhi route and 9 per cent for Mumbai-Chennai-Mumbai, continuing to exhibit robust long-haul freight demand, according to a report by Shriram Finance. The report indicated a steady momentum in the country's mobility sector in the previous month, with stability and selective upticks across key transport segments driven by preparations for the upcoming festive season. This movement, as per th

Truck rentals, EV and tractor sales rise in June; car sales see decline

June 2025 saw healthy growth in truck rentals and EVs, steady agri demand for tractors, while passenger vehicles and two-wheelers faced subdued consumer sentiment

Truck rentals remain flat in April despite toll hike: Shriram report

Truck rentals on most routes remained subdued in April 2025 despite increase in toll prices across the country, a Shriram Mobility bulletin said. A rise in goods movement, coupled with the movement of fruits, contributed to a slight positive trend in the freight market, according to the monthly report prepared by Shriram Finance Ltd, the flagship company of the Shriram Group. Truck rentals showed healthy year-on-year growth, with the Kolkata-Guwahati-Kolkata route increasing by 14 per cent and the Mumbai-Chennai-Mumbai corridor rising by 8 per cent, according to the study. The study, released on Saturday, aims to provide stakeholders with a picture of India's statistical data about the logistics and automobile sector through its nationwide network of fleet owners, and vehicle dealers and analyses the trends. While most of the truck rentals remained unchanged, the report stated that Delhi-Chennai-Delhi corridor saw a sharp month-on-month increase of 2.5 per cent while the ...

Truck rentals stay lacklustre in Feb due to lower infra sector demand

The All India Motor Transport Congress (AIMTC) raised concerns over the government's draft notification, which proposes increased renewal charges for registration and fitness certificates

Truck rentals remain flat in Dec, Maha Kumbh boosts activity in Prayagraj

Prayagraj region witnessed a 30-40 per cent spike in trucking activity in December, driven by preparations for the upcoming Maha Kumbh Mela, scheduled to take place from January 13 to February 26

Truck rentals ease after Diwali peak; vehicle sales improve: Report

Cooling likely to improve as country enters wedding season and infra projects pick up, it says

Truck rentals dip marginally, used truck prices jump in June: Report

Average price of used commercial vehicles saw a considerable rise across categories in June with 31 to 36-ton category

Truck rentals remained flat in March 2024: Shriram Mobility Bulletin

According to industry sources, truck rentals were stable as corporates were seen rushing in March year-end to fulfil their targets

Pick up in economic activities boosts freight rates, CV sales in August

For the first time since Covid outbreak, revenue of the operators is outpacing income and prompting them not only to replace older trucks but also expand fleet

Truck rentals go up by 12-15% in June as economy recovery gathers pace

The increase in rentals was also aided by export-import trade that increased by 40-50 per cent

Truck rentals drop by 5-7% in past fortnight as lockdowns hit production

The road transport sector will have to remain prepared for prolonged rainy days beyond the monsoon season: IFTRT

Truck rentals up 9-14% in first half of June on low base and unlocking

Analysts attribute it to diesel price hike, caution of a long road to recovery

How India's small truck aggregator industry is accelerating deliveries

The Deloitte study pointed out that in 1991, there was one driver per truck in India, but now at least one in four trucks (27 per cent) lies idle due to lack of drivers

Long winter ahead for truck makers as rentals drop 3-4% after festivities

Average freight rates on a return trip across all four regions of the country have dropped to Rs 85,500 in the first five days of November, from Rs 88,450 in October end

Truck rentals decline amid overcapacity, drop in factory output

Sales of medium and heavy commercial vehicles (MHCVs) dropped 21% to 31,299 units over the same period a year ago, according to the Society of Indian Automobile Manufacturers

Truck rentals fall 2% on drop in cargo and diesel prices

The fall in rentals comes on top of the 1.5 per cent drop in the first week of August after a similar drop in diesel prices on August 1

Truck rentals up by 3 to 4 per cent in March

Earlier, in February, rentals had increased by four to five per cent