PESHAWAR: Goods transport fares have been significantly increased due to the continuous rise in petroleum product prices in the country.
President of the All Pakistan Goods Transport Alliance, Malik Shehzad Awan, while expressing strong reaction to the continuous increase in petroleum prices by the federal government, said that the rising fuel prices have caused an extraordinary increase in the expenses of transporters, making an increase in goods transport fares inevitable.
According to Malik Shehzad Awan, there has been a significant increase in petrol and diesel prices over the past few days, which is directly impacting the operational costs of freight vehicles. According to the latest prices, petrol has reached Rs. 390.79 per liter while high-speed diesel has reached Rs. 424.92 per liter.
According to the Transport Alliance, due to the continuous increase in diesel prices, freight costs have gone up, as a result of which goods transport fares on various routes have also been increased. Also Read: Expensive Diesel, Goods Transporters Announce Fare Hike.
Transporters say that in case of a further increase in petroleum product prices, there could be additional pressure on the transport sector as well as on the prices of essential commodities.
Read also:Goods transporters announce fare hike, warn of strike
