Freight movement drops nearly 30% as industries cut shipmentsFreight takes a 30% hit as supply crunch slows industry

Freight movement drops nearly 30% as industries cut shipmentsFreight takes a 30% hit as supply crunch slows industry

Freight movement drops nearly 30% as industries cut shipmentsFreight takes a 30% hit as supply crunch slows industry

Indore: Freight movement across Madhya Pradesh dropped by nearly 30 per cent over the past week as the ongoing conflict involving the United States, Israel and Iran disrupted industrial supply chains and slowed the movement of raw materials and finished goods.According to transport operators, the estimated daily to-and-fro movement of commercial vehicles in Madhya Pradesh normally handled around 65,000 to 70,000 tonnes of goods. “Loads from industries, traders and agricultural commodities all dropped. The fall was mainly led by industries because they were not receiving raw material supplies and this eventually slowed dispatches of finished goods,” CL Mukati, President of the Indore Truck Operators and Transport Association said.“Vehicles are standing idle and transport business dropped by around 25 per cent. Because of lower demand, freight charges also fell by nearly 15 per cent,” Paramveer Singh, President of the Jabalpur Transport Association said.

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