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Truck Sales Rebound Masks Trifecta Of Troubles
Transporters are playing it safe even as multiple indicators now suggest freight demand is improving.
08 Oct 2021, 08:30 AM IST
Sunil Agarwal, a Kolkata-based transporter, hasn’t bought a truck in 20 months. His fleet of 230 is shrinking even as demand for cargo movement is showing signs of revival. But he isn’t sure.“Before making any purchase, I’m going to wait another six months to see if the recovery trend is sustainable,” said Agarwal, also the secretary of the Kolkata Goods Transport Association.His caution underscores troubles that India’s trucking sec...
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