The recurrent increases in fuel prices over the past 10 days are eating into the margins of transporters, who will be forced to pass on the hikes to their customers. Photograph: PTI Photo This, in......
'I see a virtually zero impact on the sales of new vehicles with this move,' said an expert. Kindly note the image has only been published for representational purpose. Photograph: Fabian......
Vehicle supply is already higher than needed, so when fleet owners prune sizes, single-owners who supply them their trucks will be hit hard. About 50,000 truckers, most of whom are single-truck......
Consolidation has begun, due to which some are trying to trim the business and others are seeking an exit. The situation would worsen after August 31. Transporters are on the verge of surrendering......
This will have an impact on inflation as everyone in the value chain passes on the costs. After being subdued for several months, freight rates on key trunk routes have gone up by 10-15 per cent......