Rates showed both upward and downward movement across significant corridors
| Photo Credit:
AMIT DAVE
Truck rentals along major trunk routes carried forward February’s trend of mixed performance into March 2025, as rates showed both upward and downward movement across significant corridors, according to the Shriram Mobility Bulletin.
On the Delhi-Mumbai-Delhi route, rentals for an 18-tonne payload truck climbed by 1.3 per cent to ₹1,58,000. Conversely, the Delhi-Kolkata-Delhi corridor witnessed a 1.3 per cent decline, settling at ₹1,55,000. The Delhi-Bengaluru-Delhi route recorded a 5 per cent rise in rates, reaching ₹2,20,500. Meanwhile, freight charges dropped sharply by 5.2 per cent at ₹199,000 on the Delhi-Chennai-Delhi route and declined by 1.5 per cent at ₹128,000 on the Bengaluru-Mumbai-Bengaluru route.
Rental rates remained unchanged on several important stretches, such as Mumbai-Chennai-Mumbai, Kolkata-Guwahati-Kolkata, and Bengaluru-Kolkata-Bengaluru, among others, indicating regional stability in freight movement.
Year-on-year figures presented a more vibrant scenario. The Kolkata-Guwahati corridor posted a sharp 13 per cent increase in rentals, while Mumbai-Chennai witnessed an 8 per cent annual growth, highlighting a robust demand along the eastern and southern belts. In contrast, rates on the Delhi-Chennai route dipped by 7 per cent, and Mumbai-Kolkata experienced a 5 per cent drop when compared to the same month last year.
Despite the relative steadiness in overall rental rates, the industry faces ongoing pressure due to higher toll charges introduced from April 1, 2025, the bulletin noted.
According to Y S Chakravarti, CEO and Managing Director of Shriram Finance Ltd, truck operators are voicing the need for reductions in fuel and tyre prices, particularly as global crude oil prices continue to fall.
Published on April 8, 2025
Rates showed both upward and downward movement across significant corridors
| Photo Credit:
AMIT DAVE
Truck rentals along major trunk routes carried forward February’s trend of mixed performance into March 2025, as rates showed both upward and downward movement across significant corridors, according to the Shriram Mobility Bulletin.
On the Delhi-Mumbai-Delhi route, rentals for an 18-tonne payload truck climbed by 1.3 per cent to ₹1,58,000. Conversely, the Delhi-Kolkata-Delhi corridor witnessed a 1.3 per cent decline, settling at ₹1,55,000. The Delhi-Bengaluru-Delhi route recorded a 5 per cent rise in rates, reaching ₹2,20,500. Meanwhile, freight charges dropped sharply by 5.2 per cent at ₹199,000 on the Delhi-Chennai-Delhi route and declined by 1.5 per cent at ₹128,000 on the Bengaluru-Mumbai-Bengaluru route.
Rental rates remained unchanged on several important stretches, such as Mumbai-Chennai-Mumbai, Kolkata-Guwahati-Kolkata, and Bengaluru-Kolkata-Bengaluru, among others, indicating regional stability in freight movement.
Year-on-year figures presented a more vibrant scenario. The Kolkata-Guwahati corridor posted a sharp 13 per cent increase in rentals, while Mumbai-Chennai witnessed an 8 per cent annual growth, highlighting a robust demand along the eastern and southern belts. In contrast, rates on the Delhi-Chennai route dipped by 7 per cent, and Mumbai-Kolkata experienced a 5 per cent drop when compared to the same month last year.
Despite the relative steadiness in overall rental rates, the industry faces ongoing pressure due to higher toll charges introduced from April 1, 2025, the bulletin noted.
According to Y S Chakravarti, CEO and Managing Director of Shriram Finance Ltd, truck operators are voicing the need for reductions in fuel and tyre prices, particularly as global crude oil prices continue to fall.
Published on April 8, 2025
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The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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