Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
For weeks, around 7,000 truck owners and drivers in India's Himachal Pradesh resorted to protest rallies against Adani's Dec. 15 decision to shut two cement plants over a dispute on freight rates
The management gave its consent to resume cement production from Tuesday and the truck operators agreed to transport the cement at the decided rates
Thousands of South Korean truckers are returning to work after voting Friday to end their 16-day walkout that disrupted construction and other domestic industries. Thousands of truckers seeking financial protections as fuel prices rise went on strike November 24. The government took aggressive steps to minimise interruptions such as by widening back-to-work orders on truckers and mobilising military vehicles to ease delays in industrial shipments. About 3,600 of the Cargo Truckers Solidarity union's 26,000 members participated in Friday's vote, and about 62 per cent of them voted in favour of ending the strike and returning to work. The union, which was striking to demand the government make permanent a minimum freight rate system that is set to expire at the end of 2022, said it will continue fighting for minimum fares it says are crucial for drivers' safety and financial stability in the face of rising fuel costs. The vote came a day after the government widened its contentious w
The "indefinite economic blockade" called by five unions of truckers and drivers at the inter-state entry points of Dimapur, the commercial hub of Nagaland, entered its third day on Thursday
For Convoy, the company risks drawing comparisons to Uber in less flattering ways
Govt's assurance on setting up a high-level committee headed by the Road Secretary to facilitate expeditious resolution of demands spurs withdrawal
Ministry of Road Transport and Highways assures to set up a committee to look into their grievances
Transporters' demands included a reduction in central and state taxes by bringing diesel under the GST
The transporters' strike across the country had sent prices soaring in the south and western regions though north India saw normal cargo handling
Demands of the truckers also include the abolition of TDS, rationalisation of income tax and smoother functioning of the E-way bill
Also, Snapdeal said the slowdown of long-haul transportation had hit some of its deliveries in northern and western India
The movements of all goods have stopped and shipments are delayed, in addition to exporters' monetary loss, the experts say.
Truck operators are demanding the closure of toll plazas across the country. They are pressing for numerous demands, including a reduction in fuel prices and a uniform national pricing.
With the strike entering fifth day, the state transporters are showing no signs of letting up
High toll collection at plazas, inclusion of diesel within GST also areas of concern
They have also demanded that diesel be included in GST
The state's Principal Secretary, Transport, Alapan Bandopadhayay said the strike has had a marginal effect in the state
The strike is likely to cause a hike in prices of perishable goods items due to supply constraint
The truckers are facing hardships due to the government policy of fixing the diesel price, toll and third party premium
Against the GST, high diesel prices, harassment by authorities on roads and toll policies