Goods Transporters Hike Fares by 5% Amid Rising Fuel Costs

The Pakistan Goods Transport Alliance, led by Malik Shahzad Awan, has implemented a 5% fare increase following recent rises in petroleum product prices. This move comes after transporters called off a 40-day strike based on government assurances, which Awan claims have not been honored. The alliance rejected daily changes in fuel prices and warned of a nationwide strike if commitments are not met. This increase in logistics costs could further fuel domestic inflation, potentially adding pressure on the Pakistani Rupee.

بحوالہ / Source: www.brecorder.com