Logistics costs increases as truckers and transporters increase rates by up to 80%
Truckers and Transporters Regulatory Challenges As a result of a major recession, shortages of manpower and supply are on the rise in America. Industry officials said this would increase logistics costs and prices of products for companies.
Truckers have increased tariffs by up to 80%, people said. Blue Dart implemented a 25% Emergency Condition Surcharge (ESS). Air India says it will increase the freight rate by 90% per kg if there is insufficient cargo.
The truck was leased for essentials such as fruits and vegetables, although there are other benefits such as toll fees, motor vehicle tax and EMIs with truck loans, ”said Indian Foundation Foundation Senior Fellow SP Singh. Transportation research and training.
Last week, officials of the Ministry of Transport of India solved their problems by negotiating with trucking unions. Bal Malkit Singh, a senior member of the lobby body and All India Motor Transport Congress, said transporters were demanding $ 25 million in insurance coverage for truckers driving under these circumstances. The Ministry of Home Affairs announced on Sunday that the transportation of all necessary and essential goods should be continuous.