05.11.2021
Artikel Nummer: 38438
European road freight rates at record highs
The European road freight rate benchmark for Q3/2021 shows that prices have hit historic highs across Europe, driven by a mix of robust economic growth, global supply chain bottlenecks, rising costs and scarce capacity, the International Road Union (IRU) reports.
The Q3/2021 European road freight rate benchmark index stood at 107.6, 3.0 points higher than in Q3/2020. Q3/2021 is the 5th consecutive quarter of rate increases and a 4% rise from the rates seen in Q2/2020.
French domestic road freight rates continue rising steadily, increasing 3.5% year-on-year in Q3/2021 Freight rates are expected to rise further in Q4/2021 as demand increases and capacity remains tight. (ben)