Article reserved for subscribers
Published on : 15.05.2024
By : Dinhill On
Reading : 1 min.
According to an IRU study in partnership with Upply and the Ti firm, road freight prices in Europe declined over the first three months of 2024. A trend due to the current context experienced by carriers.
On May 14, the IRU, Upply and the Ti firm unveiled their traditional quarterly index on European road freight. In the first quarter of 2024, spot rates fell by 8.2 points year-on-year, reaching 123.9 points. As for the contract rate, they stood at 127.6 points over the first three months of 2024, down 1 point compared to the first quarter of 2023. “The road transport sector is facing a difficult economic environment. Weak demand has led to a drop in spot and contract rates in the first quarter of 2024, while costs for operators remain high. However, signs of economic recovery are starting to appear, with prices already rising on some routes in April 2024. We expect…
The rest is reserved for subscribers
Unlimited access to our content and our thematic newsletters
Subscribe
Already a Subscriber? To log in
This article is reserved for subscribers
To log in / Subscribe
