Federation of Automobile Dealers Associations Report

Pages: 3 (690 words) Published: January 23, 2012
|Federation of Automobile Dealers Associations | | | | | |  | |Home  | | | |Truck Freightage Defies Trends in Economy: IFTRT Report | |  | |Defying the buoyant data being released by various agencies about the expansion of economic activities and soaring corporate profits, | |the trucking business, consisting of 3 million trucks, has failed to look up in last 4 weeks. The truck freightage has remained flat | |on most of the trunk routes despite increase in cost of operation due to 2 diesel price hikes (Dec 31 and Dec 15' 03) totaling Rs.2/- | |per litre (10%) and have, in fact, sharply declined on trunk routes passing through Uttar Pradesh due to resumption of overloading by | |trucks. | | | |On the other hand various State Governments had withdrawn Gold token/ passes/...
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