Small truck operators staring at heavy losses this year, says report
Updated : November 27, 2018 06:27 AM IST
According to a Crisil report, between April and October this year, the average price of diesel rose around 21 percent on-year.
Truck transporters with less than five trucks come in the small fleet operators category, which comprises about 67 percent of the road transport operators, though they own less than 25 percent of trucks of above 12-tonne gross vehicle weight.
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