Business
Goods transporters increase fares after hike in diesel prices
According to Tanveer Butt, if we stop operating transportation, unemployment will rise.
Lahore: Goods transporters have hiked fares by 10% on Sunday, following the recent increase in diesel price by the interim government.
The head of the good transporters association, Tanveer Ahmed Butt, claimed that the rising price of fuel had forced them to raise the rate. Following the "hike in diesel prices up to Rs40 per litre in 15 days," the goods transporters declared an increase in charges of 10%.
Tanveer claimed in a statement that the sharp increase in diesel prices had driven up their costs and that they are just operating transportation to keep the nation moving.
According to Tanveer Butt, if we stop operating transportation, unemployment will rise.
Following a rise in fuel costs earlier in the month, local carriers unilaterally raised the charge by up to 20% without seeking approval from the authorities.