Road transport rates in Europe grow every year so they are not likely to decrease as the main factors driving the growth will remain for a long time.
Import volume into Ukraine remained low this week, down 82% compared to 14-20 February.
A recent report in Germany’s most-read news site, Der Speigel, contained information regarding an internal document by Germany’s DSLV transport federation.
Amid sanctions and the search for alternative supply chains, market participants are talking about the difficulties with the existing rail freight routes from China via Russia.
Diesel prices are rising amid fears of a global economic crisis from the military conflict between Russia and Ukraine.
FourKites, the supply chain visibility platform, states that the shipment time to the European ports has increased by 25% compared to the data from February 17.
According to Insights Global, a Dutch consulting company, at the beginning of February, stocks of diesel fuel and fuel oil in storage in the European refining and storage area Amsterdam-Rotterdam-Antwerp (ARA) were at their lowest for this season since 2008
Two queues of trucks were formed at the Privalka checkpoint. One is for truck drivers who enter Lithuania on a common basis, and the other is for those who have a paid pass.
Freight rates for all modes of transport have been unstable and mainly increasing. Read more on the market outlook as well as the reasons for rate growth in the consolidated information prepared by experts.
The Global Times (Huanqiu shibao), the Chinese newspaper, published the results of survey of rail freight users on the possible abolition of government export subsidies for transportation.
In the context of serious problems in the maritime transport industry (the rates and delivery time have increased, while the accurate forecasting has become impossible), the market of multimodal transport combined with rail and “short sea” is growing. The flow of goods from China to Europe via Baltic ports is increasing.
We continue our interview by discussing how logistics in the automotive industry has changed over the past two years and how logistics operators can develop in the new conditions.
According to Sea-Intelligence, schedule reliability figures dropped to all-time low 33.6% in August 2021. It hovered between 35–40 % during the year.
According to press service of RZD Logistics, freight trains are creating an immense congestion at the borders of China and Europe.
In 2021, container shipments by rail from China to the EU increased by 1.5 times year-on-year.
The value of European road transport market will increase by 8.6% in 2021 against 2020 and will exceed the pre-pandemic level by 2.2%, reports Transport Intelligence.
Road Freight Rates in Europe Have Been Growing for Five Consecutive Quarters and Are Going Upwards in the Sixth
The average road freight rates in Europe increased by 2.9% in the third quarter of 2021 against the previous year.
According to the UK-based Air Charter Service, a charter from Asia to North America on a Boeing 777 now costs around $2 million. For reference, the pre-pandemic highest price for such a charter was $750K.
We would like to share statistics figures and estimates on the rate growth from European road freight carriers. his information is important for understanding the near and long-term prospects in the freight market both within the European Union and to / from Europe.
The report covers continued disruptions in supply chains, tonnage deficiency and shortage of equipment forcing the companies to re-prioritize supply chain management systems.