07.11.2022
Artikel Nummer: 42872
European road freight rates soften
The data of the latest European Road Freight Rates Benchmark Report shows prices softening towards the end of Q3/2022. Average European road freight contract rates are up to an all-time high in Q3/2022 (129.7 index points), up by 19.6 points y-o-y.
Spot rates are now 12.9 points above contract in Europe. The gap was 12 points in the previous quarter and 6.1 points in Q3/2021. Diesel costs may now account for 50% of costs.
Driver shortage growth is expected to continue to increase until the end of 2022, with a 40% estimated increase in unfilled truck driver positions. The report is produced by Transport Intelligence, Upply and the International Road Transport Union (IRU). (ben)