News / EU road freight rates on the decline as capacity rises and fuel falls

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European road freight prices declined by 8.1% in the first quarter of this year, compared with the final quarter of 2012 on the back of declining diesel prices and increased available capacity, according the latest figures from Transport Market Monitor.

The quarterly report, produced jointly by online logistics platform Transporean and consulting firm CapGemini, showed that road freight rates reached a three-year low during the first quarter of this year, as the traditional post-Christmas overhang of capacity kicked in, and combined ...