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Freight rates decline on restricted cargo movements

NEW DELHI, Feb 25:  Freight rates for nine-metric tonne pay load section declined by Rs 1,000 at the local truck transport market in the national capital today due to tight cargo movements amid easy availability of trucks.

Transporters said restricted cargo movements against easy position of trucks mainly pulled down freight rates.

Delhi to Mumbai, Ludhiana and Chennai freight rates dropped by Rs 1,000 each to Rs 29,000, Rs 19,000 and Rs 66,000.

Rates to Hyderabad and Mysore also went down by Rs 1000 each to Rs 55,000 and Rs 68,000.

Following are today’s freights per 9-tonne load (in Rs): Jaipur      16,000  Hyderabad           55,000 Chandigarh  18,000  Vijayawada          59,000 Ludhiana    19,000  Bengaluru           64,000 Kanpur      20,000  Chennai             66,000 Indore      22,000  Mysore              68,000 Ahmedabad   24,000  Puducherry          70,000 Baroda      25,000  Coimbatore          74,000 Patna       26,000  Kochi               77,000 Surat       27,000  Thiruvananthapuram  85,000 Mumbai      29,000  Goa                 55,000 Pune        31,000  Gwalior             14,000 Kolkata     31,000  Guwahati            59,000 (PTI)

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