PRICE TRENDS ROAD FREIGHT INDEX CHART FOR SEPTEMBER 2011 IRFI TREND FOR SEPTEMBER 2011: The RFI stood at 175 points for the month of September 2011, which is a 1% increase in comparison to the same period last year.
ZONAL FREIGHT TRENDS The overall freight rates have increased slightly by 0.22% as compared to the previous month. The freight rates from Ex-Mumbai rates have registered the highest increase in rates by 1.52%; whereas Ex-Chennai rates have registered the highest decrease in rates by 1.65% as compared to other metros. The freight rates from Ex-Mumbai are high due to the tomato season at Nashik.
COMMERCIAL VEHICLES:
TRENDS FOR SEPTEMBER (Y-o-Y) 172
171 174
175
166
2007-08
2008-09
2009-10
2010-11
The cumulative sales of commercial Index trend for six years vehicles registered a growth of 17.80% for April-August 2011 as compared to the same period last year and the production grew at 12.67% in the month of August 2011 as compare dto August 2010. Medium & heavy commercial vehicles grew at 7.07% and light commercial vehicles grew at 27.44%.
2011-12
FORECAST FOR OCTOBER 2011: The RFI in October 2010 over October 2009 had registered an increase of 3 points. With the onset of the festival season, volumes and freight rates will see an increase in the upcoming months.
Indian Road Freight Index (IRFI), a service introduced by Transport Corporation of India (TCI), is an index of weighted average lorry freight rates across various routes, calculated based on the route density and the dynamic freight rates of routes across the country. Knowledge Partner: Transport Corporation of India (TCI); website: www.tcil.com; e-mail: irfi@tcil.com
24 • SMART LOGISTICS • OCTOBER 2011