March 15, 2021
WFH trend has reduced the bus fleet utilisation during Covid -19 period to 45 -50 per cent now compared to pre-Covid-19 period - The Hindu
WFH trend has reduced the bus fleet utilisation during Covid -19 period to 45 -50 per cent now compared to pre-Covid-19 period - The Hindu×
Trucking business has crossed pre-Covid-19 level of business now, while large segment of bus operators are yet to recover
Owners and operators of buses, not trucks, deserve another three months exemption from paying Motor Vehicle tax or fees, according to the Indian Foundation of Transport Research and Training (IFTRT), a transport sector think tank.
Truckers bodies seek to penalise those not raising freight rates
March 08, 2021
Any bid to fix freight collectively is against free play of market forces, say observers As fuel costs soar, more and more truckers bodies across States are not only asking their members to start charging higher rates, but are also seeking to impose penalty on those who are not increasing the freight rates and asking other members to not cooperate with them.
The Youth Federation of Raipur, Chhattisgarh, whose members are also part of larger truck unions, is the latest to come out with such a directive. In a note seen by
About 50,000 truckers, most of whom are single-truck owners, could be thrown off their businesses due to the recent fuel price hike. “Already the vehicle supply on the road is higher than the requirement. With the fuel price hike, fleet owners will look to cut down fleet size wherever needed and due to this, small single-truck owners could be at the receiving end,” Ashok Goyal, managing director at BLR Logistiks (I) Ltd told Business Standard. The company has a fleet of 500 vehicles of all types small, medium and large with pan-India presence. Meanwhile, pan-India commercial vehicles on the road are about eight lakhs.
Green tax may push up truck rentals, hit used heavy vehicle prices
Transport vehicles older than eight years could be charged green cess at the time of renewal of fitness certificate
Representative image
The imposition of green tax on certain categories of vehicles by the ministry of road transport and highways (MoRTH) could push up truck rentals as their owners will likely pass on the additional cess to customers.
To be calculated on road cess, the green tax is being imposed to ‘dissuade people from using old vehicles’ as well as motivate people to switch to newer and less polluting vehicles, the government has said.