Saturday, June 25

Carriers To Raise Freight Rates By 8-9 Pc Hike In Diesel

Freight Rates By 8-9 Pc Hike In DieselRising prices of diesel, said today that the driver will raise freight rates 8-9 percent immediately on all routes across India.

"Freight rates will be raised by 8-9 percent for all links from today due to increased fuel prices," North Indian Road Motor Transport Association (NIMRTA) President Charan Singh Lohara told PTI.

Singh is also a prominent member and former president of India all have an impact Motor Transport Congress.The rising freight rates will be visible on the transport of all kinds of goods, including perishables such as vegetables and industrial products, he said.

"The new book orders will now be based on the rate of increase," said Singh.

Freight rates from Ludhiana to Mumbai will increase from Rs 2000 to Rs 24,000. Similar rates of other channels will also be increased, he gave an example.

According to Lohara, there are over 60 lakh trucks running all over the country, playing a vital role in transporting goods from one part of the nation to another. Center yesterday raised the price of diesel Rs 3 per liter, with the increase in kerosene and liquefied Rs 2 per liter and 50 rupees a cylinder, respectively.

The carriers said the rising price of diesel adversly affect their business. "Our input cost has increased significantly last year due to tire prices on the rise, increasing the toll fees and insurance costs. Now the rise in fuel prices has also affected business," said the Ludhiana-based driver Sarabjit Singh.

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