Freight rates fall on limited cargo movements

NEW DELHI, July 30: Freight rates for nine-tonne pay load section declined by Rs 1,000 in the local truck transport market today following excess inquiries by truck operators against insufficient cargo movements.

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

Delhi to Mumbai, Surat and Kolkata moved down by Rs 1000 each to Rs 28,000, Rs 27,000 and Rs 32,000.

Rates to Indore, Ludhiana and Patna also fell by Rs 1000 each to Rs 23,000, Rs 18,000 and Rs 29,000.

Following are today’s freights per 9-tonne load (in Rs): Jaipur     15,000 Hyderabad           54,000 Chandigarh 18,000 Vijayawada         56,000 Ludhiana   18,000 Bengaluru           61,000 Kanpur     21,000 Chennai             64,000 Indore    23,000 Mysore             66,000 Ahmedabad   25,000 Puducherry         67,000 Baroda     26,000 Coimbatore         70,000 Patna       29,000 Kochi               74,000 Surat       27,000 Thiruvananthapuram 79,000 Mumbai     28,000 Goa                52,000 Pune       29,000 Gwalior             16,000 Kolkata     32,000 Guwahati           54,000 (PTI)