Goods Transporters Increase Freight Charges by 7%

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Goods Transporters Increase Freight Charges by 7%

Goods transporters in Pakistan have announced a 7 percent increase in freight charges following a sharp rise in fuel prices. The increase is expected to raise transportation costs for businesses and could put additional pressure on the prices of essential goods.

President of the All Pakistan Goods Transporters Association Malik Shahzad Awan said the decision was taken after a significant increase in diesel prices over the past week. He said diesel had become Rs26.88 per litre more expensive during the seven-day period.

Awan also pointed to the increase in petrol prices during the same period. According to him, petrol prices had risen by Rs20 per litre, adding further pressure to the operating costs of goods transporters.

Fuel is one of the major expenses for the transportation sector. Any significant increase in diesel prices directly affects the cost of moving goods between cities and across the country. Transporters have therefore linked the increase in freight charges to the recent changes in petroleum prices.

The latest increase in freight rates has also raised concerns about the possible impact on consumers. Higher transportation costs can increase the cost of moving food items, agricultural products, industrial goods and other essential commodities from suppliers to markets.

The announcement comes as petrol and diesel prices have moved in different directions in the latest government price adjustment. The Oil and Gas Regulatory Authority (OGRA) reduced the price of petrol by only 43 paisa per litre for September 18, while the price of high-speed diesel was increased by Rs3.47 per litre.

Under the latest notification issued by the Petroleum Division, petrol, also known as Motor Spirit or MS 92 RON, now costs Rs390.79 per litre. The previous price was Rs391.22 per litre.

The small reduction provides limited relief to motorists. At the same time, diesel consumers are facing another increase. The price of high-speed diesel has been raised to Rs424.92 per litre from the previous rate.

The latest adjustment follows a sharp increase in petrol prices earlier in September. Petrol became Rs26.87 per litre more expensive between September 9 and September 17 before the latest 43-paisa reduction.

Goods transporters have argued that the recent fuel increases have made it difficult to maintain existing freight rates. Their 7 percent increase is intended to cover the additional costs associated with operating transport vehicles.

The higher freight charges could affect businesses that depend heavily on road transportation to move products. Companies may face higher logistics expenses, while retailers and suppliers could also have to account for increased transportation costs.

For consumers, the main concern is that higher freight rates could eventually be reflected in the prices of everyday products. The extent of any increase will depend on how much transportation contributes to the final cost of individual goods and whether businesses absorb some of the additional expense.

The latest development highlights the wider impact of fuel price changes on Pakistan’s transportation and supply chains. With diesel prices remaining significantly higher, transport operators are likely to continue monitoring fuel costs and their effect on operating expenses.

Also read: Joint Operation in Balochistan Recovers Two Karachi Transporters

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