The All India Transporters Welfare Association (AITWA) has introduced a Fuel Adjustment Factor (FAF) starting May 20 due to rising diesel prices. This mechanism ensures that freight rates increase automatically with diesel prices. Since fuel accounts for 65% of trucking costs, this move is expected to hike prices for groceries, vegetables, medicines, and e-commerce deliveries, as FMCG and retail companies pass the added transport costs to consumers. https://www.dharitri.com/goods-transport-costs-rise-from-today-daily-essentials-may-soon-get-costlier/ #creator program