Truckers in India have gone on strike in response to a proposed 50% increase in third party insurance premiums. There is currently no movement in South India, which really include a large amount of the country’s cargo movements. Currently, there is virtually no truck movement to and from south India and the strike is continuing. This obviously effects all of India, and there is a slow down in truck movement in north India, as well.
According to Hindustantime.com,
In a bid to resolve the stand-off, the strikers will meet the Insurance Regulatory and Development Authority of India (IRDAI) chairman on Monday, and take a decision on whether to continue with the agitation based on the discussions with the regulator.
If you have cargo in India that is affected by this strike, we will notify you! If you have questions, please email your direct customer service rep. Thank you.