Surge in Truck Rentals Across Key Routes

CHENNAI: The past month has seen a significant increase in truck rentals across all major trunk routes in India. Rates have surged by up to 4% on the Delhi-Mumbai-Delhi route and by 2% on the Delhi-Kolkata-Delhi route. This uptick is primarily driven by the heightened demand for transportation and storage services, spurred by the movement of winter produce like fruits and vegetables.

Impact of Cold Wave on Logistics

The recent cold wave sweeping across north India has not only impacted daily life but also the logistics sector. Adverse weather conditions have led to disruptions in vehicle movement, causing a ripple effect on the supply chain. Despite these challenges, the logistics sector is gearing up for a period of heightened activity, buoyed by seasonal demand and supportive economic policies.

Economic Indicators Show Positive Trends

Amidst the seasonal fluctuations in truck rentals, the broader economic indicators remain positive. Sales of two-wheelers, passenger cars, and commercial vehicles have shown significant growth, reflecting increased consumer confidence and economic activity. This growth trajectory is expected to support the logistics sector's strong performance in the coming months.