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.

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,…

India's trucking sector faces a crisis due to rising diesel prices, fuel shortages, and declining freight demand, risking economic impact.

India's trucking industry is grappling with a severe crisis as diesel price hikes, fuel shortages, and weak freight demand sideline nearly 30% of the active commercial fleet.

The disruption has already hit container movement linked to Mundra and Kandla ports, while rising freight costs are starting to squeeze MSMEs, manufacturers and agricultural…