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Grown - India - Is the trucking sector losing its competitive edge?
Trucking has the advantage of last mile service
Bombay,India -Financial Express, by VINEET AGARWAL -Nov 18, 2005: -- Over the last few years, the trucking sector has grown by leaps and bounds and has become a Rs 45,000-crore industry. This growth is a result of interplay of a number of factors such as the robust state of the Indian economy, boom in the retail sector, growth in the infrastructure sector, etc.... One of the most significant developments in the Indian industry that has affected the trucking sector has been the fuel price hike over the last few months. This has increased the transportation costs considerably. As a result, some trucking companies have already commissioned an increase in freight rates... Trucking is a more favoured mode of cargo movement over railways as it has the advantage of its “last mile service.” Trucking service scores over the railways as it offers both pick-up and delivery at the customers’ premises...
posted by Unknown @ 2:30 PM
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