Goods Transport Rates Up by 40% in Pakistan
Goods transporters have increased freight charges by up to 40 percent following 5 consecutive fuel rate hikes by the Petroleum … Read More The post Goods Transport Rates Up by 40% in Pakistan appeared first on ProPakistani .
Goods transport rates in Pakistan have surged by up to 40 percent after five consecutive hikes in fuel prices by the Petroleum Division. Container transport costs from Karachi to Peshawar have jumped to over Rs. 900,000. Local and long-distance carriers have also increased fares by up to 27 percent. High-speed diesel reached Rs.
403 per liter and petrol about Rs. 376 per liter during the week. The increase in transport costs is anticipated to raise the expense of moving food, vegetables, fruits, and other goods. The Rawalpindi Regional Transport Authority has convened a meeting with transporters to assess the new rates and instructed action against operators charging fees without authorization.
The All Pakistan Goods Transport Owners Association has also threatened severe consequences if the government fails to reverse this week's fuel rate hikes.
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