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Dec 26, 2008

Poor Cargo Movements Brought Down Freight Rates

Poor cargo movements brought down the select southern regions freight rates by up to Rs 1,500 per ten metric tonne pay load in the local truck transport market on Thursday. Transporters said excess position of trucks coupled with less movements of cargo, largely pulled down some of southern region freight rates. New Delhi to Pondicherry, Coimbatore and Thiruvananthapuram freight rates eased by Rs 1,000 each at Rs 34,000, Rs 36,000 and Rs 48,000 respectively.

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