Wednesday 26th Oct 2016 - Logistics Manager

Freight transport prices rise in second quarter

Transport prices increased by 7.2 per cent in between the first and second quarters, the latest  Transport Market Monitor from Transporeon and Capgemini has revealed.

Nevertheless, the price index, which stands at 99.4, is still 4.3 per cent down on the second quarter of 2011.

The diesel index decreased by 1.5 per cent index 107.5 in the second quarter. • The transport capacity index, decreased by 34.9 per cent in the second quarter (index 78.2), compared to the first quarter (index 120.1).

Peter Förster, managing director of Transporeon, said: “A price recovery in the second quarter is not unusual and can be explained by the seasonal recovery in spring. However, it is remarkable that transport prices are significantly lower than in the same period of the previous years.

“With the exception of 2009, which was the year of the economic crisis, they are on the lowest level since the beginning of the data collection for the Transport Market Monitor in the first half of 2008.”

And Ramon Veldhuijzen, global logistics lead at Capgemini, argued that  carriers would face difficulties explaining the price rise to transport managers who were getting tighter budgets.

“Collaboration between carriers and transport managers becomes more and more important to find saving opportunities in different ways.”