The Pakistan Goods Transport Alliance (PGTA) has announced a nationwide 15 percent reduction in goods transport fares after the government lowered petroleum prices, a move expected to provide relief to businesses and consumers across the country.
Speaking to journalists in Karachi, PGTA President Malik Shehzad Awan welcomed the government’s decision to reduce fuel prices. He said the decrease would significantly ease the financial burden on transport operators who have been struggling with high operating costs in recent months.
According to Awan, fuel is one of the largest expenses for the transport sector, and any reduction in petroleum prices directly impacts transportation costs. He noted that the decline in fuel rates has created room for transporters to lower freight charges, benefiting traders, manufacturers and customers alike.
The PGTA chief said the reduction in transport fares would support commercial activity by making the movement of goods more affordable. He added that lower transportation expenses could help businesses reduce overall costs and improve the delivery of products across Pakistan.
Awan also expressed hope that fuel prices would continue to decline in the coming weeks. He said further reductions would provide additional support to the transport industry and contribute positively to economic growth.
While appreciating the government’s decision on fuel prices, he urged authorities to address other financial challenges faced by transport operators. He called for the withdrawal of the increased withholding tax introduced in the federal budget and requested reductions in toll taxes, e-challan fines and other charges that add to operational expenses.
Industry stakeholders believe the decrease in freight rates will have a positive impact on the country’s logistics sector. They say lower transport costs can improve supply chain efficiency, reduce business expenses and help stabilize prices of goods transported between cities.
Experts also suggest that reduced logistics costs may contribute to easing inflationary pressures, particularly on essential commodities. The decision is expected to benefit a wide range of sectors that depend on road transportation for the movement of goods and raw materials.
The announcement reflects the transport industry’s response to falling fuel prices and highlights the sector’s role in supporting economic activity and ensuring smoother trade operations nationwide.
Also Read: Public Transport Fares Rise following Increase in Petrol Prices
