Business
Amid the spike in fuel prices, goods transporters announce a 5% increase in freight.
Prices of fuel products have gone up and goods transporters have announced another 5% increase in freight costs.
Addressing a press conference, All Pakistan Goods Transport Alliance President Malik Shehzad Awan said diesel rates had been increased by Rs20 per liter and petrol prices by Rs24 per liter in last four days. Petrol and fuel prices have already gone up by up to Rs23 a liter between August 20 and September 7, he claimed.
He added the government’s decision to adjust prices of fuel products on daily basis was unacceptable. During the statewide strike from August 8 to 17, the petroleum minister had told the carriers that fuel prices would not be revised on a daily basis, he said.
Transporters had suspended their countrywide protest for 40 days on the guarantee of the federal and provincial administrations, said Malik Shehzad Awan.
He warned that transporters across Pakistan will observe another countrywide strike if the agreements reached the government were not implemented.
The federal and provincial governments had asked for 40 days to work out the difficulties and the deadline will expire next week, he said.