Inflated freight costs are acting as a spanner in the works for automakers and their parts suppliers as they start to reopen factories after a two-month halt due to the countrywide lockdown.
Truck fleet operators are charging a premium of 30-40% for transporting finished vehicles, parts as well as raw materials across routes connecting industrial zones and ports, said five industry officials. “The cost of transporting goods is very high right now as transporters are charging premium freight.
They say that they are offering more salaries to the truck drivers to get them back to work but drivers remain insecure about job stability and health risks," Rakesh Sharma, executive director, Bajaj Auto Ltd said last week.
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