TIMOCOM reports over 1 million pending truck freight orders

The FreightTech company TIMOCOM announced that for several consecutive days, over 1 million open truck freight orders have accumulated and need to be processed urgently. The freight broker also expects further escalation of the situation in the coming weeks and recommends transport service providers of all kinds to join digital freight exchanges at short notice.

(Erkrath) International trade has been running at full speed again for months. The accident of the Ever Given in the Suez Canal set off a ketchup effect about two months ago, which is now reaching the downstream hinterland traffic with a delay. There is a massive shortage of resources, especially in inland shipping and rail transport, which further increases the pressure on European road freight transport. Delays are still caused by traffic jams at loading ramps. This has led to an increase in empty trips to the next order. The massive shortage of cargo space is affecting nearly all sectors of industry and trade.

Pressure on European road freight transport further increased

“It was clear that the large mass of goods, which due to the Suez Canal blockade is now concentrated at European ports, cannot be transported promptly. The capacities for the subsequent transport were limited from the outset. We anticipated this development and expect that it will further impact the availability of transport capacities in continental Europe in the coming weeks,” comments Gunnar Gburek, Company Spokesman of TIMOCOM, on the situation in road freight transport. “We must now do everything possible to avoid empty trips and provide all available capacities to handle the high freight volume. Freight exchanges can help here.”

The current situation

According to TIMOCOM’s Transport Barometer, the first quarter of 2021 already exceeded the previous year’s value by 58 percent. During this time, over 10 million more freight entries were made compared to Q1 2020. Especially in Germany, Poland, and France, domestic traffic developed exponentially, not least due to the changed consumption behavior during the pandemic: Instead of leisure activities, travel, and other services, investments were made in consumer goods, many from overseas. Currently, the Transport Barometer shows the same trend of a significant freight surplus compared to available cargo space for all three core markets.
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