How higher petrol, diesel prices affected logistics industry?

On September 5, the fuel prices across the country include Mumbai (Petrol: Rs 107.26, Diesel Rs 96.19), Delhi (Petrol Rs 101.19, Diesel Rs 88.62), Chennai (Petrol Rs 98.96, Diesel Rs 93.96), Kolkata (Petrol Rs 101.62, Diesel Rs 91.71).

As India is recovering from the deadly second wave of the COVID-19 pandemic, there have been several challenges in front of the country to deal with. This pandemic disrupted the lives of people across the world and a series of lockdowns and containment measures made things worse for the country. The inflation increased which eventually led to skyrocketing prices of essential commodities like cooking oil, LPG, petrol and diesel prices. The most recent fuel price hike in India has been a cause for a primary concern for all sectors. The rise in fuel prices has not only affected the household income but has also affected the logistics sector along with companies' balance sheets.