Goods transporters across Pakistan have announced a 5% increase in freight charges following the latest rise in petroleum product prices, adding to concerns over higher transportation costs and inflation.

Pakistan Goods Transport Alliance President Malik Shahzad Awan strongly criticised the fuel price increase and said the government’s decision to revise petroleum prices on a daily basis was unacceptable.

Transporters warn of nationwide strike

Awan said transporters had postponed a nationwide strike for 40 days after receiving assurances from the government. However, he claimed that most of their demands remain unresolved.

He warned that if meaningful progress was not made within the agreed period, goods transporters would resume their nationwide strike.

Fuel prices raise transport costs

Transporters have repeatedly complained that rising fuel prices are increasing operating expenses and putting additional pressure on the logistics sector. Previous fare increases following fuel price hikes have also raised concerns about their potential impact on the prices of essential commodities.

Awan urged the government to review its fuel pricing policy and address the concerns of the transport industry. He also criticised frequent changes in petroleum prices, saying they make it difficult for transporters to plan their operations.

The latest 5% increase in goods transport fares is expected to add to costs for businesses and consumers, while the threat of another strike could further disrupt the country's supply chain.