Truck rentals have shot up by up to 12 per cent on trunk routes claim industry sources. They attribute it in part to the rising diesel prices in India, and a massive 50 per cent rise in cargo dispatches to address the upcoming festive demand. The other reason is said to be the urgency to beat the e-way bill transit[Read More…]
Despite a cut in the price of diesel by Rs.1.30 per litre on April 16, 2016, trucks rentals continued to rise. Truck rentals rose between one and 1.5 per cent on key trunk routes across the country according to S.P. Singh, Senior fellow and coordinator, IFTRT. The reason for firmness in truck rentals in the period between April 2, 2016[Read More…]
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