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Jammu & kashmir News

The Economic Times

Jammu & kashmir / The Economic Times

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Truck operators reel as diesel crunch pushes freight rates higher

Nearly 20% of India's trucks are off the roads. Diesel shortages and price hikes are crippling the transport sector. Small operators are hit hardest. Freight rates are increasing, threatening to raise prices for food and other goods. Oil companies state shortages are localized. Demand is expected to ease with the monsoon.

26 May 2026 5:30 am