Eng
According to the DSV report, the Euro area continues to face economic headwinds. A significant factor behind this increase is the surge in energy prices, which jumped from 0.1% to 1.8%.
The DSV's report warns about pressure on European transport sector, considering reduce of freight traffic, rise in bankruptcies and new rules causing increased costs.
The analysis reveals that transport company bankruptcies have surged across Europe. The report states that France witnessed a 37.8% rise in bankruptcies over the past year, Belgium – a 5% rise, while Germany's bankruptcy rate doubled.
The transport sector is experiencing a decline in freight capacity. The European road freight capacity index decreased in January 2025 by 5% year on year.
Diesel prices increased from €1,545.06 in late 2024 to €1,621.15 in January 2025. Furthermore, starting this year the shipping companies will have to cover 70% of their emission costs using carbon credits. All the above will presumably lead to increase in expenses both for the companies and for the clients.
The contract rates increased by 2.8 points to 128.9 index points compared to the last quarter, however the rates went down by 1.4 index points compared to the similar period during the previous year.
Source: trans.info