India’s mobility and logistics activity remained stable in March 2026, with truck rentals across key trunk routes holding firm and witnessing marginal month-on-month (m-o-m) increases, according to Shriram Mobility Bulletin. However, LPG tanker movement was significantly impacted during the month due to curtailed supplies. This firmness was supported by year-end despatches and rising operating cost pressures, even as overall freight movement remained steady. On a year-on-year (y-o-y) basis, trucking activity showed resilience across most routes. The Delhi-Kolkata-Delhi corridor recorded a 10% increase, followed by the Bengaluru-Mumbai-Bengaluru route at 9%. Limited increases were observed across several corridors, indicating stable demand conditions every month. The firmness in rentals can be attributed to continued industrial and consumption-led movement at the close of the financial year, coupled with stable fleet availability and the absence of major supply-side disruptions. Looking ahead, the conflict in West Asia is likely to exert further pressure on logistics operations through rising costs, said a report.
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