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Markets - India - Truck rentals up by 15% during Oct '05-Mar '06
New Delhi,India -Hindu Business Line -May 5, 2006: -- Truck rentals on trunk routes went up by 15 per cent during the six-month period (October 2005 to March 2006), even though there was no hike in diesel prices... According to a research report, corporate and bulk goods consignors have increased their freight rates in annual transport contracts for fiscal 2006-07 ranging from 10-12 per cent for truck hire from big transport contractors... However, the increase has not hit the profitability of companies significantly in the backdrop of buoyant economy...
posted by Unknown @ 11:55 AM
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