Transporters announce 4% hike in freight rates to pass on extra burden
To offset the diesel price hike, the transporters have introduced a new calculation method called Fuel Adjustment Factor (FAF), which will regulate the pass-on price of the increase in diesel rates, which accounts for 65% of the operational cost.
To offset the diesel price hike, the transporters have introduced a new calculation method called Fuel Adjustment Factor (FAF), which will regulate the pass-on price of the increase in diesel rates, which accounts for 65% of the operational cost.
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