Truck rentals up by 11-12% in Septem­ber

The Times of India (New Delhi edition) - - TIMES NATION -

New Delhi: Truck rental on trunk routes went up by 1112% in Septem­ber due to a rise in cargo dis­patches to beat the dead­line for roll­out of e-way bills to track move­ment of goods for GST, the peak fes­tive season and hike in fuel prices, ac­cord­ing to a think-tank.

In­dian Foun­da­tion of Trans­port Re­search and Train­ing, which tracks truck rentals on trunk routes in­clud­ing Del­hiMum­bai, Delhi-Hyderabad, Delhi-Chennai, Delhi-Ranchi and Delhi-Bi­laspur, said there was a 50% in­crease in cargo dis­patches on the routes. It said this was pri­mar­ily to beat the ap­proach­ing dead­line of e-way bill tran­sit pass sys­tem, which will kick off after a go-ahead from the GST Coun­cil later this month.

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