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◕ SundialUpdated 9 hours ago
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Pakistan

Freight Charges Increase by 40% Following Fuel Rate Hikes

Goods transporters in Pakistan have increased their charges by up to 40% following fuel rate hikes, affecting the cost of moving goods.

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Freight Charges Increase by 40% Following Fuel Rate Hikes
Transporters discuss new rates at a meeting organized by the Rawalpindi Regional Transport Authority.

Key Takeaways

  • Freight charges for goods transporters have increased by up to 40%.
  • Container transport rates from Karachi to Peshawar have risen to over Rs. 900,000.
  • The Rawalpindi Regional Transport Authority has called a meeting with transporters.

Freight charges for goods transporters in Pakistan have increased by up to 40% following five consecutive fuel rate hikes by the Petroleum Division, according to a report from ProPakistani.

The increase has been particularly significant, with container transport rates from Karachi to Peshawar rising to more than Rs. 900,000.

Local and intercity transporters have also raised their fares by up to 27%, reflecting the higher costs of fuel.

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During the week, high-speed diesel reached Rs. 403 per litre, while petrol prices increased to about Rs. 376 per litre.

The rise in transport costs is expected to increase the overall cost of moving food, vegetables, fruits, and other goods across the country.

In response to the new rates, the Rawalpindi Regional Transport Authority has called a meeting with transporters to review the new fares and has ordered action against operators charging rates without approval.

The All Pakistan Goods Transport Owners Association has warned of a severe reaction if the government does not reverse this week’s fuel rate hikes.

The association has expressed concern over the impact of the increased costs on the economy and the general public.