TELS News

Road Freight Transport Rates in Europe Almost Doubled in a Year

Road Freight Transport Rates in Europe Almost Doubled in a Year

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 Russia declined down 49% compared to February

Import volume into Russia declined down 49% compared to February

Import volume into Ukraine remained low this week, down 82% compared to 14-20 February.

European road freight capacity has been reduced by up to 7%

European road freight capacity has been reduced by up to 7%

A recent report in Germany’s most-read news site, Der Speigel, contained information regarding an internal document by Germany’s DSLV transport federation.

Freight Flows from China to Europe and Russia Are Redistributed by Modes of Transport

Freight Flows from China to Europe and Russia Are Redistributed by Modes of Transport

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.

Fuel Prices Have Reached the Level When It Has Become “Impossible to Work”

Fuel Prices Have Reached the Level When It Has Become “Impossible to Work”

Diesel prices are rising amid fears of a global economic crisis from the military conflict between Russia and Ukraine.

Shipping Delays to European Ports Continue to Increase

Shipping Delays to European Ports Continue to Increase

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.

Diesel fuel shortage looms in the world market

Diesel fuel shortage looms in the world market

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

More than two weeks in line at the border

More than two weeks in line at the border

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. Current Situation and Forecasts

Freight Rates. Current Situation and Forecasts

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.

Elimination of Subsidies Will not Affect Freight Train Transport Services from China

Elimination of Subsidies Will not Affect Freight Train Transport Services from China

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.

Combination of Rail and Sea Is a Sustainable Trend of Alternative Transport

Combination of Rail and Sea Is a Sustainable Trend of Alternative Transport

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.

Logistics in the Automotive Industry, the Pandemic Period

Logistics in the Automotive Industry, the Pandemic Period

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.

Two-Thirds of Containerships Face an Average Delay of 7.6 Days

Two-Thirds of Containerships Face an Average Delay of 7.6 Days

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.

The Infrastructure Is Stressed by Container Train Congestions

The Infrastructure Is Stressed by Container Train Congestions

According to press service of RZD Logistics, freight trains are creating an immense congestion at the borders of China and Europe.

Rail Remains 3.5 Times Cheaper Than Sea Freight

Rail Remains 3.5 Times Cheaper Than Sea Freight

In 2021, container shipments by rail from China to the EU increased by 1.5 times year-on-year.

European Road Transport Market Will Exceed Pre-Pandemic Level

European Road Transport Market Will Exceed Pre-Pandemic Level

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

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.

Air Freight Costs Have Almost Tripled Since the Beginning of the Year

Air Freight Costs Have Almost Tripled Since the Beginning of the 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.

European road carrier rates will rise in 2021-22

European road carrier rates will rise in 2021-22

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.

Shifting Priorities: Timeliness Is Beyond Money, Multi-Sourcing Is Better Than Single Sourcing

Shifting Priorities: Timeliness Is Beyond Money, Multi-Sourcing Is Better Than Single Sourcing

The report covers continued disruptions in supply chains, tonnage deficiency and shortage of equipment forcing the companies to re-prioritize supply chain management systems.